Title: Money Laundering Charges I Phoenix Fraud Lawyer
Headings: Money Laundering (Penalties & Punishments)
Money Laundering (Penalties & Punishments)
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Money Laundering – Second Degree
Money Laundering – First Degree
Money Laundering – Third Degree
Possible Penalties for Money Laundering
Possible Defenses for Money Laundering
How can a Defense Attorney Help

Content: Money Laundering – First Degree
Money Laundering in the First-Degree occurs if a person knowingly initiates, organizes, plans, finances, directs, manages, supervises or is in the business of conducting any of the above activities. Basically, Money Laundering in the First-Degree is being the leader, boss, or creator of any of the Money Laundering in the Second-Degree activities. Money Laundering in the First-Degree can also be charged when any of Second-Degree Money Laundering activities are done in the course of, or for the purpose of, facilitating terrorism or murder. Money Laundering – Third Degree
A person can be charged with Money Laundering in the Third-Degree if in the course of any transaction transmitting money, he intentionally or knowingly confers or agrees to confer anything of value on a money transmitter or any employee of a money transmitter that is intended to influence or reward any person for failing to comply with any requirement under title 6, chapter 12 (financial banking and disclosure requirements). The employee of a money transmitting business can also be charged with Money Laundering in the Third-Degree if they allow themselves to receive something of value in exchange for failing to comply with any requirement of Title 6, Chapter 12. If you have been charged with Money Laundering in violation of Arizona law, Call 602-307-0808 for a Free Consultation or click the green button below. Possible Penalties for Money Laundering
“First-Degree” is a class two (2) felony. For a first offense, punishment can be probation with zero (0) days in jail up to one (1) year in jail, or prison of three (3) years to twelve and one half (12.5) years of incarceration. If the person has one (1) allegeable historical prior conviction, then the “prison only” range is four and one half (4.5) years to twenty-three and one quarter (23.25) years in prison. If the person has two (2) allegeable historical prior convictions, then the “prison only” range is ten and one half (10.5) years to thirty-five (35) years of incarceration.