Title: What Is The Minimum Sentence For Money Laundering in California? | Simmrin Law Group
Headings: What Is The Minimum Sentence For Money Laundering In California?
What Is The Minimum Sentence For Money Laundering In California?
California’s Penalties For Money Laundering
Penalties Federal Money Laundering Convictions
Key Components of a Money Laundering Case
Activities Considered Money Laundering
Combatting Money Laundering Charges in California

Content: Again, the courts take the larger of the two amounts when deciding this fine. Combination: Jail time and a fine. Key Components of a Money Laundering Case
In California, the law is very straightforward regarding what the prosecution must prove in a money laundering case. To be convicted of such a crime, it must be shown that you performed at least one illegal monetary transaction at a credit union, bank, or other financial institution. This transaction or set of transactions must be shown to total more than $5,000 over a seven-day period OR more than $25,000 over a thirty-day period. However, simply performing those transactions is not enough for a money laundering conviction. It must also be shown that you intended to make that transaction (or series of transactions) for the purpose of carrying out or funding an illegal activity. One way that the prosecution can prove this is by showing that you made the transaction with full knowledge of the “dirty origins” of the money. Click to contact our criminal defense lawyers today
Activities Considered Money Laundering
Activities that are illegal to fund—and thus are often cited in money laundering cases—include terrorism, human trafficking, drug trafficking, organized crime, child pornography, extortion, embezzlement, violent crimes, sexual crimes, and more.