Criminal charges for Money Laundering may be filed against a person who conducts or attempts to conduct a transaction or more within a seven-day period involving a monetary instrument or instruments with a total value exceeding five thousand dollars ($5,000), or a total value exceeding twenty five thousand dollars ($25,000) within a 30-day period, through one or more financial institutions with the specific intent to promote, manage, carry on, or facilitate any criminal activity, or knowing that the monetary instrument represents the proceeds of any criminal activity may be charged with felony Money Laundering.
What does the prosecutor have to prove?
1. Defendant conducted or attempted to conduct one or more transactions within a 7 day period through one or more financial institutions.
2. The transaction involved a monetary instrument or instruments of a total value exceeding five thousand dollars ($5000).
3. Defendant had the specific intent to promote, manage, establish or carry on criminal activity.
4. Defendant knew or reasonably should have known that the monetary instrument represents the proceeds of, or is derived directly or indirectly from the proceeds of criminal activity. [PC 186.10]
Felony: 16months/2years/3years <>br?With probation 0-364 days