On Sat, 19 Mar 2005 21:17:26 +0100, "Hans Jørgen Lassen"
wrote:

Could someone tell me:

1. What is money laundering?

Here's a link: http://www.laundryman.u-net.com/page2_wisml.html

A friend of mine who was a real estate agent told me that drug dealers
often laundered money by buying beat-up houses cheap, then fixing them
up, always paying cash off the books (the craftsmen like the deal
because they don't pay taxes on the income). After a few years, they
sell the house and it looks like it appreciated a great deal, and
instead of having a bundle of money for which the source can't be
accounted, they have a formal record of a successful real estate
investment.

Personally I dont launder my money, I just spend it, without any laundering.
And I never had any complaints about my bills not being laundered.

2. How is Fischer supposed to have laundered his money? Which law paragraphs
on cleaning did he violate?

Good question.

HansJ