(6)3.2.10 Money Laundering in the First Degree

From Roleplay Laws
Revision as of 08:03, 18 December 2025 by Ajax (talk | contribs) (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...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search

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:

(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.

Retrieved from "http://rplaws.xyz/law/index.php?title=(6)3.2.10_Money_Laundering_in_the_First_Degree&oldid=515"