Read the full judgment text of DCCC 958/2011 on BabelCite. This District Court judgment was delivered on 8 May 2012.
1. The defendant is charged with, simply speaking, “money laundering”. The defendant admitted that, in fact, soon after he opened a bank account, in the next three years, the account had about 200 deposits of altogether about $6 million. Over the same period of time, there were about 300 withdrawals, totalling some $5 million. Despite the fact that the defence counsel asked me to consider taking $2.6 million as the benchmark to sentence the defendant instead of $6 million, I still take 6 million