### Question
Can you define what knowing that the property involved in a financial transaction represents the proceeds of some form of unlawful activity means?


### Answer
**Knowing that the property involved in a financial transaction represents the proceeds of some form of unlawful activity** is defined as the following in *18 U.S.C. § 1956*:

> that the person knew the property involved in the transaction represented proceeds from some form, though not necessarily which form, of activity that constitutes a felony under State, Federal, or foreign law, regardless of whether or not such activity is specified in paragraph (7)

#### Citation:
  - *18 U.S.C. § 1956*
  - Heading: **PART I-CRIMES > CHAPTER 95-RACKETEERING**

