Quote:
Originally Posted by hAmThEkIlLeR
I think only a couple of Houston clubs were hit, and afterwards the press release said from law enforcement that they were raided for being "money laundering operations."
The actus reus here seems to be strictly gambling, so as far as I can tell, that is different in this case.
“We are changing the paradigm regarding illegal gambling by moving up the criminal chain and pursuing felony money laundering and engaging in organized crime charges against owners and operators,”
Houston District Attorney Kim Ogg said. “Players are not being targeted.”
Not "money laundering" in the traditional sense, i.e. taking mob money and washing it with legitimate business. More like taking "illegally acquired" money and claiming it was "legally acquired".
Money Laundering: The concealment of the origins of illegally obtained money, typically by means of transfers involving foreign banks or legitimate businesses.