New York · New York Penal Law (PEN)
N.Y. Penal Law § 470.15: Money laundering in the second degree
What this law says, in plain English
Money laundering in the second degree occurs when a person conducts financial transactions involving proceeds from drug sales or other serious crimes, intending to promote criminal conduct or conceal the source, exceeding specified dollar thresholds ($50,000–$100,000+).
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