Penalties for money laundering when associated with drug smuggling and sales were established by the __________.

Question

Quizplus · Accepted Answer

The Anti-Drug Abuse Act of 1988 established penalties for money laundering associated with drug smuggling and sales, including the requirement to forfeit any property or assets involved in the illegal activity. The Harrison Act of 1914 and the Comprehensive Drug Abuse Prevention and Control Act of 1970 focused primarily on regulating the manufacture, distribution, and dispensing of drugs, rather than money laundering. The Clean Dollar Bill Act of 1993 does not exist.

Penalties for Money Laundering When Associated with Drug Smuggling and Sales