- (a)(3) Whoever, with the intent --
(B) to conceal or disguise the nature, location, source, ownership, or control of property believed to be the proceeds of specified unlawful activity; conducts or attempts to conduct a financial transaction involving property represented[FN1] by a law enforcement officer to be the proceeds of specified unlawful activity, or property used to conduct or facilitate specified unlawful activity is guilty of an offense against the United States.
FN1. Practitioner's Note: The term "represented" means any representation made by a law enforcement officer or another person at the direction of, or with the approval of a federal official authorized to investigate or prosecute violations of 18 U.S.C. § 1956.