Abstract
Describes a new form of money laundering which does not involve proceeds of past crimes but clean money intended to be used to commit future crimes. Adduces the financing of terrorism as the obvious example: the cash for the attacks of September 11 may have been clean, but the purpose was deadly. Points out that, because anti‐money laundering legislation is mostly backward looking, it tends not to address the financing of future crimes. Looks at the initial attempts in US legislation to correct this: the PATRIOT Act made smuggling more than $10,000 currency in or out of the country illegal, while moving money in or out of the country in order to commit a crime was already a crime in itself. Argues that a domestic version of this statute is necessary, and suggests how such a law could be crafted, mentioning Section 1960(b)(1)(c) of the PATRIOT Act.