Title: Money Laundering: Penalties & Prison Time
Headings: Money Laundering Prison Time (Updated for 2019)
Money Laundering Prison Time (Updated for 2019)
Money Laundering Overview
First-Degree Money Laundering
Second-Degree Money Laundering
Third-Degree Money Laundering

Content: Third-Degree Money Laundering
Third degree money laundering is a class six (6) felony. First offense: Probation with zero (0) days in jail, up to one (1) year in jail or prison range of four (4) months to two (2) years in prison. One (1) allegeable historical prior conviction: Prison only rage is nine (9) months to two and three quarters (2.75) years of prison. Two (2) allegeable historical prior conviction : Prison only rage is two and one quarter (2.25) years to five and three quarters (5.75) years of incarceration. In addition to all other penalties, if a person commits First-Degree or Second-Degree Money Laundering and the violations involve a total of $100,000.00 or more in any twelve (12) month period, the person is subject to forfeiture of substitute assets in an amount that is three (3) times the amount involved in the pattern of conduct, including conduct that occurred before and after the twelve (12) month period. If you have recently been arrested for Money Laundering and would like to see the possible defenses, visit the Money Laundering page and contact us immediately.