(6)3.2.10 Money Laundering in the First Degree: Difference between revisions
Created page with "A person is guilty of <b>Money Laundering in the First Degree</b> under this subsection if he or she: (a) willfully conducts, attempts to conduct, or knowingly participates in a financial transaction involving money, funds, assets, or property derived from criminal activity; and (b) does so with intent to conceal, disguise, transfer, convert, or otherwise obscure the nature, source, ownership, loc..." |
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* [[(6)7.1.21 Bribery in the Second Degree|(6)7.1.21b Bribery in the Second Degree]]; or | * [[(6)7.1.21 Bribery in the Second Degree|(6)7.1.21b Bribery in the Second Degree]]; or | ||
(e) | (e) the money, funds, assets, or property are valued at more than $20,000. | ||
Money Laundering in the First Degree is a <b>Class B- Felony</b>. | Money Laundering in the First Degree is a <b>Class B- Felony</b>. | ||
Latest revision as of 08:04, 18 December 2025
A person is guilty of Money Laundering in the First Degree under this subsection if he or she:
(a) willfully conducts, attempts to conduct, or knowingly participates in a financial transaction involving money, funds, assets, or property derived from criminal activity; and
(b) does so with intent to conceal, disguise, transfer, convert, or otherwise obscure the nature, source, ownership, location, or control of such proceeds, or to promote, facilitate, or continue the underlying criminal activity; and
(c) this offense is committed in cooperation with or furtherance of a criminal enterprise or terrorism scheme; or
(d) the money, funds, assets, or property were obtained by means of any of the listed offenses:
- (6)2.2.1 Robbery in the First Degree; or
- (6)2.2.2 Robbery in the Second Degree; or
- (6)2.2.7 Carjacking in the First Degree; or
- (6)7.1.21b Bribery in the Second Degree; or
(e) the money, funds, assets, or property are valued at more than $20,000.
Money Laundering in the First Degree is a Class B- Felony.