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How the money laundering scheme was executed

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Question: The "Hammer" Gets Hammered. In 2010, Tom DeLay, former Texas Congressman and U.S. House Majority Leader, was convicted of money laundering and sentenced to a three-year prison term. At the time of this writing, that case is under appeal. During his years in Congress, DeLay was known as the hammer for his political style. Study this money laundering case and flowchart the flow of money. Describe how the money laundering scheme was executed. Why is this called "money laundering"?

Reference no: EM131713427

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