131 Cong Rec E 4626 Wednesday, October 16, 1985
Congressional Record -- Extension of Remarks
Wednesday, October 16, 1985
99th Cong. 1st Sess.
131 Cong Rec E 4626
REFERENCE: Vol. 131 No. 137
TITLE: DICK ARCARA TESTIFIES BEFORE
HOUSE COMMITTEE
SPEAKER: HON. JACK F. KEMP OF NEW
YORK
IN THE HOUSE OF REPRESENTATIVES
TEXT:
Text that appears in UPPER CASE identifies statements or
insertions which are not spoken by a Member of the House on the floor.
MR. KEMP. MR. SPEAKER, I RISE TODAY TO CALL THE ATTENTION OF MY COLLEAGUES TO
THE TESTIMONY OF ERIE COUNTY DISTRICT ATTORNEY RICHARD J. ARCARA BEFORE THE
HOUSE JUDICIARY COMMITTEE'S CRIME SUBCOMMITTEE ON SEPTEMBER 12, 1985. MR.
ARCARA'S EXTENSIVE EXPERIENCE AND EXCELLENT RECORD IN THE AREA OF LAW
ENFORCEMENT, AS WELL AS HIS ROLE WITH THE NATIONAL DISTRICT ATTORNEY'S
ASSOCIATION, MAKE HIM A VALUABLE SOURCE OF INFORMATION ON THE SUBJECT OF MONEY
LAUNDERING.
I URGE MY COLLEAGUES TO CAREFULLY CONSIDER MR. ARCARA'S THOUGHTFUL SUGGESTIONS
CONCERNING THIS MATTER.
THE TESTIMONY FOLLOWS:
TESTIMONY OF RICHARD J. ARCARA
Mr. Chairman and members of the House Crime Subcommittee, my name is Richard
Arcara. I am a former United States attorney for the western district of New
York and the district attorney for Erie County, Buffalo, New York and I speak to
you today on behalf of the National District Attorneys Association. Our
association represents 6,300 local prosecutors from around the country.
We thank you for this opportunity to address our concerns regarding the various
money laundering bills which you consider today. My remarks will be confined to
those proposed legislative changes which would create the new crime of money
laundering and to forfeiture proceedings. The Nataional District Attorney's
Association's primary concerns are that the legislation be broad enough to
provide the Government a most effective tool to combat organized criminal
groups, from drug trafficking rings to more traditional organized crime
(families), yet narrow enough to avoid cumbersome, unnecessary and undesirable
intrusions into matters of State concern.
Mr. Chairman, we feel that you have our latter concern in mind when you offered
House Resolution 1474. You eliminate the intrusive aspects of the legislation by
including as a crime only those transactions involving a financial institution.
You further limit the scope of the proposed crime by including those
transactions involving property derived from a crime under the Rico statute. In
so limiting the offense, H.R. 1474 avoids the possibility of Federal intrusion
into the province of the State. I think that all parties would agree, however,
that organized crime does not confine its money laundering
operation to financial institutions, nor does organized crime
limit its illegal but profitable operations to violation of the Rico statute.
While we understand that rationale for these restrictions, we feel that the
desired harmony with State law may be achieved through means which would afford
the Federal Government a greater opportunity to assail money laundering
operations.
While the administration's proposals, H.R. 2785 and 2786, attempt to provide the
Government with the ability to strike at virtually all money laundering
operations, we feel that a literal interpretation of the administration's
legislation may result in unintended Federal intrusions into crimes which are
better suited to State prosecution. Specifically, any crime involving the
transfer of money, checks, or other monetary instruments could be considered a
money laundering "transaction" under the administration's proposal. A
theft, a robbery, a bad, forged or altered check would become a Federal money
laundering offense.
We came not to criticize, but to offer constructive alternatives which may
reconcile the two important concerns of Federalism and effective law
enforcement. Firstly, we recommend as an alternative to the limitation in scope
to Rico offenses that the prohibited transaction be defined in such a manner
that State crimes would not constitute a "transaction." Perhaps the
transaction could be defined as a voluntary, non-fraudulent transaction between
the parties. This should eliminate conflict with existing State laws. As an
additional safeguard, we recommend that a jurisdictional threshold be imposed,
such as a $10,000 minimum, in the definition of the proscribed transaction. This
limit should not hinder the money laundering legislation's effectiveness, since
the Federal Government lacks the resources to pursue smaller incidents. Also, it
is unlikely that organized crime would engage to any great
degree in laundering operations smaller in size.
Secondly, we recommend that the offense include the laundering of money obtained
from State crimes. Since little, if any, State regulation exists in this area,
and since the control of organized crime is historically and
logically an area for Federal legislation, we feel comfortable with the
application of the proposed money laundering offense to the illicit proceeds of
State crimes.
Finally, we are quite concerned that the forfeiture provisions of the
administration's proposals could lead to unnecessary interference with State
forfeiture proceedings. Currently, approximately one half of the States provide
for the forfeiture of proceeds of illicit activities. It would cause serious
discord between the Federal and State enforcement agencies if Federal agencies
were allowed to institute proceedings which would conflict with State forfeiture
actions. Therefore, if this committee is inclined to include a forfeiture
provision, we would urge you to codify a policy granting deference to State
forfeiture laws or at the very least, prohibiting Federal preemptions of
previously initiated State forfeiture proceedings. I thank you for your
attention and stand ready to answer questions.