Kenneth Rijock

Kenneth Rijock

Thursday, February 13, 2014

SUPREME COURT OF NEW JERSEY HOLDS THAT MONEY LAUNDERING IS A CONTINUING OFFENSE


The Supreme Court of New Jersey, in a ruling* that is contrary to most Federal court decisions, State of New Jersey vs. Joseph Diorio,  has held that money laundering is an continuing offense. To quote the decision:

" The charge of money laundering is a continuing offense for the purposes of the Statute of Limitations, but only when the record contains evidence of successive acts that facilitate and promote the common scheme to defraud." Id  at 37. The footnote below provides a hyperlink to the complete text of the case, in which the Court analyzes existing state and Federal case law, and the legislative history of the New Jersey Money Laundering Statute, before explaining its decision.
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*State of New Jersey vs. Joseph Diorio, A-100, 069537


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