That is absurd. Even if Rush deliberately structured withdrawals to avoid scrutiny, it's not money laundering. Money can only be "laundered" if it's illegally obtained in the first place. Rush makes ~$30 million a year. His money is already clean.
"That is absurd. Even if Rush deliberately structured withdrawals to avoid scrutiny, it's not money laundering. Money can only be "laundered" if it's illegally obtained in the first place."
Even if ??? Lets dispense with the "even if " ...-
http://www.cbsnews.com/stories/2003/11/19/entertainment/main584581.shtml
"There was a $10,000 reporting requirement and they said if you keep it under that, then nobody has to file any paperwork ... and so that's what I did," Limbaugh said.
http://www4.law.cornell.edu/uscode/31/5324.html
Sec. 5324. - Structuring transactions to evade reporting requirement prohibited
No person shall, for the purpose of evading the reporting requirements of section 5313(a) or 5325 or any regulation prescribed under any such section, (snip) structure or assist in structuring, or attempt to structure or assist in structuring, any transaction with one or more domestic financial institutions.
Under what general heading would you prefer that this crime be under ?