2023 New York Laws › PEN - Penal › Part 4 - Administrative Provisions › Title X - Organized Crime Control Act › Article 470 - Money Laundering › 470.15 - Money Laundering in the Second Degree.

§ 470.15 Money laundering in the second degree.
A person is guilty of money laundering in the second degree when:
1.  Knowing  that  the  property  involved  in  one  or more financial
transactions 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 three, eighteen hundred four, eighteen hundred five, or
eighteen hundred six 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
transaction or transactions exceeds fifty thousand dollars; or
(b) the proceeds of specified criminal conduct, he or she conducts one
or more such financial transactions which in fact involve  the  proceeds
of specified criminal conduct:
(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 three, eighteen hundred four, eighteen hundred five, or
eighteen hundred six 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
transaction or transactions exceeds one hundred thousand dollars; or
2. Knowing that one or more monetary instruments represent:
(a) the proceeds of the criminal sale of a controlled substance, he or
she transports,  transmits,  or  transfers  or  attempts  to  transport,
transmit  or  transfer,  on  one or more occasions, monetary instruments
which in  fact  represent  the  proceeds  of  the  criminal  sale  of  a
controlled  substance  from  a  place  in any county in this state to or
through a place outside that county or to a place in any county in  this
state from or through a place outside that county:
(i)  With  intent  to  promote  the  carrying on of specified criminal
conduct; or
(ii) Knowing that such  transportation,  transmittal  or  transfer  is
designed in whole or in part 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  such  monetary instrument or instruments
exceeds fifty thousand dollars; or
(b) the proceeds of specified criminal conduct, he or she  transports,
transmits,  or transfers or attempts to transport, transmit or transfer,
on one or more occasions, monetary instruments which in  fact  represent
the proceeds of specified criminal conduct from a place in any county in

this  state  to  or through a place outside that county or to a place in
any county in this state from or through a place outside that county:
(i)  With  intent  to  promote  the  carrying on of specified criminal
conduct; or
(ii) Knowing that such  transportation,  transmittal  or  transfer  is
designed in whole or in part 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  such  monetary instrument or instruments
exceeds one hundred thousand dollars; or
3. 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 fifty thousand dollars; or
(b) the proceeds of specified criminal conduct, or represented  to  be
property used to conduct or facilitate specified criminal conduct:
(i) With intent to:
(A) promote the carrying on of specified criminal conduct;
(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  hundred  thousand
dollars.
Money laundering in the second degree is a class C felony.