Title: Texas Money Laundering Laws - FindLaw
Headings: Texas Money Laundering Laws
Texas Money Laundering Laws
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Charged With Money Laundering? A Texas Defense Attorney Can Help

Content: If a peace officer or someone acting at his direction has informed the defendant that the proceeds or funds are either from a criminal activity or are intended to help commit a criminal activity, the defendant will be presumed to have the required knowledge about the proceeds for a conviction. Money laundering often involves racketeering or other criminal activity. Defenses Against Money Laundering Laws
Lack of knowledge
The defendant acted with the intention to facilitate the lawful seizure of the funds
The transaction was necessary to preserve the defendant's right to representation as guaranteed in the Sixth Amendment to the United States Constitution. The funds were for legal fees and the attorney did not know at the time they were paid to him that the funds were derived from criminal activity
Penalties and Sentences
The severity of the penalty imposed depends on the amount of money at issue. The offense of money laundering carries the following charges for the following amounts of money: State jail felony: the value of the funds is $1,500 or more but less than $20,000; Third degree felony: the value of the funds is $20,000 or more but less than $100,000; Second degree felony: