High Court Agrees To Hear Money-Laundering Case

Law360, New York (April 23, 2007, 12:00 AM EDT) -- The U.S. Supreme Court agreed Monday to hear a case that threatens to make it harder for federal prosecutors to win money-laundering disputes by forcing them to prove the alleged activity generated profit.

The move was a boon for the U.S. Department of Justice, which had urged the High Court in a brief filed earlier this month to reconsider a federal appeals court ruling that increased the agency’s burden of proof to win convictions.

The DOJ’s solicitor general said the decision from Chicago’s U.S. Court of...
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