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Federal Bureau of Investigation
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    Money laundering


    Crime Information

    • NameMoney laundering
    • CategoryFederal Crimes
    • ClassificationFederal Offense
    • PunishmentImprisonment
    1. A person who, knowing that the property involved in a financial transaction represents the proceeds of some form of unlawful activity, conducts or attempts to conduct such a financial transaction which in fact involves the proceeds the unlawful activity; or
    2. A person who, with the intent to promote the carrying on of specified unlawful activity, or to conceal or disguise unlawful activity, or to avoid taxation or reporting requirements, conducts or attempts to conduct a financial transaction involving property represented to be the proceeds of the unlawful activity.

    Money laundering is a Federal Offense, punished by Imprisonment for 45 minutes

    Edited by Admin

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