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: If you have been charged with money laundering in a federal court, contacting an experienced money laundering attorney is the most important step toward securing the best possible outcome. The penalties for a federal money laundering conviction include the following: Jail Time: A maximum sentence of 20 years in a federal prison
Fines: $500,000 or twice the amount of money that was laundered. 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.