Money laundering is the process of making illegally-gained proceeds (i.e. dirty money) appear legal (i.e. clean). Typically, it involves three steps: placement, layering, and integration. First, the illegitimate funds are furtively introduced into the legitimate financial system.
Here is information about a currency bill, According to the Bureau of Engraving: * Our present sized currency measures 2.61 inches wide by 6.14 inches long, and the thickness is .0043 inches. * The approximate weight of a currency note, regardless of denomination is (1) one gram. $1,000,000 is 10,000 $100 bills, which weighs 10 kg or about 22 pounds. If stacked in one stack, the height would be 43 inches high or about three and one half feet. Easy to carry in a briefcase if that is what you had in mind.
What dollar amount constitutes a felony theft? A: The dollar amount that constitutes a felony theft varies by state. In Vermont, for instance, theft of property worth $250 is considered a felony as of 2014. In Wisconsin, however, the value of the property stolen must exceed $2,500 to be classified as a felony. Continue Reading.