« Ind. Gov't. - More on: Race for Republican nomination for Attorney General ends today | Main | Ind. Courts - "Former South Bend lawyer released from federal prison" »

Monday, June 02, 2008

Ind. Decisions - U.S. Supreme Court rules on Lake County definition of "money laundering" case

The ILB has had a long list of entries on the 7th Circuit decision in the case of United States v. Santos, the most recent being this one from Oct. 5, 2007, re the oral arguments before the SCOTUS.

Today the Supreme Court has issued a decision in the case, access it here. The AP has an early story on the decision headlined "Justices rule for defendants on money laundering." A quote:

In a 5-4 ruling, Justice Antonin Scalia said that money laundering refers to profits of an illegal operation, not gross receipts. The court's interpretation is a narrow one opposed by law enforcement agencies.

Scalia said the narrow definition will not unduly burden authorities, who must show only that a single instance of unlawful activity was profitable.

SCOTUS Blog has a useful commentary on the opinion, headed "The Santos Resolution (?)."

[More] Santos was one of two money laundering cases decided today by the SCOTUS, per this story on Bloomberg.com headed "Money Laundering Law Narrowed in U.S. Supreme Court Rulings."

Posted by Marcia Oddi on June 2, 2008 11:11 AM
Posted to Ind. (7th Cir.) Decisions