What's the difference between racketeering and money laundering?

What's the difference between racketeering and money laundering?

Racketeering refers to activities that are part of an on-going criminal enterprise. The law defines 35 offenses at the state and federal level. ... Federal level crimes include money laundering, obstructing justice, murder for hire, sexual exploitation of children and mail, wire and various fraud offenses.

Is money laundering a RICO offense?

One of the most common racketeering offenses is money laundering. In brief, it is the process of making funds generated from illegal activity appear to have been from a legitimate source.