Virginia · Code of Virginia — Title 18.2, Crimes and Offenses
Va. Code (Crimes) § 18.2-246.3: Money laundering; penalties
What this law says, in plain English
It is unlawful to knowingly conduct financial transactions involving proceeds from felony crimes, punishable by up to 40 years imprisonment or $500,000 fine. Converting felony proceeds into negotiable instruments is a misdemeanor on first offense, felony on subsequent offenses.
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