NYSentencing

§ 470.20 Money laundering in the first degree.
   A person is guilty of money laundering in the first degree when:
   1.  Knowing that the property involved in one or more financial trans-
actions represents:
   (a) the proceeds of the criminal sale of a controlled substance, he or
she conducts one or more  such  financial  transactions  which  in  fact
involve the proceeds of the criminal sale of a controlled substance:
  (i) With intent to:
  (A) promote the carrying on of specified criminal conduct; or
  (B)  engage  in  conduct constituting a felony as set forth in section
eighteen hundred two, eighteen hundred  three,  eighteen  hundred  four,
eighteen  hundred five, eighteen hundred seven or eighteen hundred eight
of the tax law; or
  (ii) Knowing that the transaction or transactions in whole or in  part
are designed to:
  (A)  conceal  or  disguise  the  nature, the location, the source, the
ownership or the control of the proceeds of specified criminal  conduct;
or
  (B) avoid any transaction reporting requirement imposed by law; and
  (iii) The total value of the property involved in such financial tran-
saction or transactions exceeds five hundred thousand dollars; or
  (b)  the  proceeds  of  a class A, B or C felony, or of a crime in any
other jurisdiction that is or would be a class A, B or  C  felony  under
the  laws  of  this state, he or she conducts one or more such financial
transactions which in fact involve the proceeds of any such felony:
  (i) With intent to:
  (A) promote the carrying on of specified criminal conduct; or
  (B) engage in conduct constituting a felony as set  forth  in  section
eighteen  hundred  two,  eighteen  hundred three, eighteen hundred four,
eighteen hundred five, eighteen hundred seven or eighteen hundred  eight
of the tax law; or
  (ii)  Knowing that the transaction or transactions in whole or in part
are designed to:
  (A) conceal or disguise the nature,  the  location,  the  source,  the
ownership  or the control of the proceeds of specified criminal conduct;
or
  (B) avoid any transaction reporting requirement imposed by law; and
  (iii) The total value of the property involved in such financial tran-
saction or transactions exceeds one million dollars.
  2. He or she conducts one or  more  financial  transactions  involving
property represented to be:
  (a)  the  proceeds  of the criminal sale of a controlled substance, or
represented to be property used to conduct or  facilitate  the  criminal
sale of a controlled substance:
  (i) With intent to:
  (A) promote the carrying on of specified criminal conduct; or
  (B)  conceal  or  disguise  the  nature, the location, the source, the
ownership or the control of property believed  to  be  the  proceeds  of
specified criminal conduct; or
  (C) avoid any transaction reporting requirement imposed by law; and
  (ii)  The  total  represented  value  of the property involved in such
financial transaction or  transactions  exceeds  five  hundred  thousand
dollars; or
  (b)  the  proceeds  of  a  class A, B or C felony or of a crime in any
other jurisdiction that is or would be a class A, B or  C  felony  under
the laws of this state, or represented to be property used to conduct or
facilitate such crimes:
  (i) With intent to:
  (A) promote the carrying on of specified criminal conduct; or
  (B)  conceal  or  disguise  the  nature, the location, the source, the
ownership or the control of property believed  to  be  the  proceeds  of
specified criminal conduct; or
  (C) avoid any transaction reporting requirement imposed by law; and
  (ii)  The  total  represented  value  of the property involved in such
financial transaction or transactions exceeds one million dollars.
  Money laundering in the first degree is a class B felony.
with Argument