How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask José M. Your Own Question
José M.
José M., Attorney
Category: European Law
Satisfied Customers: 5859
Experience:  Spanish Attorney
54639574
Type Your European Law Question Here...
José M. is online now
A new question is answered every 9 seconds

what is money laundering

This answer was rated:

what is money laundering

Abogado3044 :

Hi

Abogado3044 :

Money loundering its to make money which it is not

Abogado3044 :

I mean. When somebody makes money in a ilegal way he has to make it legal

Abogado3044 :

Its is call clen it up and the legal term is loundering

Abogado3044 :

Its a criminal ofence

Customer:

we dealing with a client that want to use us as a contractor, but wants to appoint another sub contractor to perform the job in another country. he wants us to recieve the funds from the donator and pay over to the sub contractor and keep 5% for our selfs. is this legal

Abogado3044 :

Really I can no know it but may be it is not legal and you could get serious problems

Abogado3044 :

You have to get your money, make a bill and just it is, no more

Customer:

the main client is the government of that country. the sub contractor will bill us for the job before funds are transfere and we will bill the government before they transfer funds in to our account. they want us to control the funds pay out to the sub contractor.

Abogado3044 :

Are you sure it is not a simple scam????

Abogado3044 :

It sound as a simple scam, be carefull

Abogado3044 :

I think somebody wants to scam you

Customer:

no we are not. we are dealing with them in supplying goods at the moment on a formal contract. no goods will be supplied without the funds being secured in our account which is due in a week.

Customer:

thank you

Abogado3044 :

Well

Abogado3044 :

If it is, you do not mind where the money comes, gives your account number and get the money

Abogado3044 :

Do not take rikes

Customer:

thank you

Abogado3044 :

Have a good day

Abogado3044 :

Plase to ake a good rate of my answer

José M. and other European Law Specialists are ready to help you

Related European Law Questions