Title: Penalty for Money Laundering in Texas | Jail Time & More
Headings: Penalty for Money Laundering in Texas – Jail Time & More
Penalty for Money Laundering in Texas – Jail Time & More
Penalty for Money Laundering in Texas – Jail Time & More
What Is Money Laundering in Texas?
Is Money Laundering a Felony?
How Much Jail Time for Money Laundering in Texas?
Get Representation to Battle Money Laundering Jail Time

Content: Yes. Though the typical money laundering Texas penalty depends on how much money you’re accused of laundering, this crime is always a felony. According to the Texas penal code, money laundering also falls into the category of white-collar crime, which is a type of crime that involves deceit and is driven by the desire for financial gain. How Much Jail Time for Money Laundering in Texas? So, how many years do you get for money laundering in the State of Texas? When it comes to money laundering jail time, Texas penal code requirements state that your punishment depends on how much money is involved. If you’re accused of laundering $1,500 to $20,000, you could get 180 days to 2 years in jail, with fines up to $10,000. If you allegedly laundered $20,000 to $100,000, this is a third-degree felony that comes with anywhere from 2 to 10 years in prison and a $10,000 fine. If you have been accused of laundering $100,000 to $200,000, this is a second-degree felony with 2 to 20 years in prison and a $10,000 fine. If you are accused of laundering over $100,000, it’s a first-degree felony according to Texas penal code.