Money Laundering Charges in Arizona: What ARS 13-2317 Means for Defendants
A money laundering investigation may also extend well beyond moving cash. Arizona law defines a transaction broadly enough to include purchases, sales, loans, gifts, deposits, withdrawals, transfers between accounts, currency exchanges, investments, and many other forms of moving or disposing of property. A.R.S. § 13-2317 can also apply to certain conduct involving false information, financial reporting requirements, money transmitters, forged documents, and transactions connected with racketeering.