At 11:18 AM 6/18/2004 -0700, you wrote:
>Actually money laundering would mean buying stuff at too high a price.
>After all, how do you hide an income source by having transactions that are
>too small?
>
>Mis-stating the price either way would be fraud.
>Jason

Fraud is willful misrepresentation that deprives someone else of something.

Who is being deprived of something if you overpay taxes?

Best regards,

Spehro Pefhany --"it's the network..."            "The Journey is the reward"
speff@interlog.com             Info for manufacturers: http://www.trexon.com
Embedded software/hardware/analog  Info for designers:  http://www.speff.com

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