Court Reverses Laundering and Forfeiture Judgments in Bicycle Club Case

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Monday, April 1, 1996
Author: 
Bruce Zagaris
Volume: 
12
Issue: 
4
157
Abstract: 
On January 16, 1996, in the well-known cases involving the Bell Gardens Bicycle Club (BGBC) the U.S. Court of Appeals for the Eleventh Circuit reversed the convictions of Michael Gilbert for money laundering and forfeiture and affirmed the convictions of Gilbert and Benjamin Kramer for RICO and Travel Act violations, obstruction of justice and perjury.1 The money laundering element of the decision limits the extraterritorial application of one of the principal money laundering statutes...(more)