the U.S. government has the authority to seize and forfeit funds in a correspondent account of a non-U.S.
bank if the funds are involved in or traceable to a money laundering offense, regardless of where the offense occurred. This is based on the USA PATRIOT Act, which expanded the definition of "proceeds of specified unlawful activity" to include any property that is derived from or traceable to a foreign offense that would be a predicate offense if committed in the U.S12 References: =
* 1: ACAMS Study Guide for the CAMS Certification Examination, 6th Edition, Chapter 4, page 137
* 2: USA PATRIOT Act, Title III, Section 319(b)