CA Penal Code 186.10 PC

PC 186.10 – Money Laundering

PC 186.1 - Money Laundering

Money Laundering – Table of Contents

Money Laundering in California

PC 186.10 states that it is illegal to conduct or attempt to conduct one or more transactions in a:

  1. Seven-day period with more than $5,000.00; or
  2. A thirty-day period with more than $25,000.00,

Intent

The transaction must be done through a bank, with criminal intent and knowledge that the money laundering in California is derived from criminal activity in order for it to be considered money laundering in California.

Prosecuting Money Laundering in California PC 186.10

Punishment for violating 186.10 can be a year in jail and a $250,000.00 fine or twice the value of the property involved in the criminal transaction. Second violations can lead to a $500,000.00 fine or five times the value of the property involved in the criminal transaction.

The prosecutor must prove:

  1. There was at least one transaction of the amount required;
  2. The transaction(s) occurred within the 7- or 30-day periods;
  3. You had specific intent to promote, manage, establish, carry on, or facilitate the promotion, management, establishment, or carrying on of criminal activity;
  4. You used a financial institution to perpetrate the crime; and
  5. You knew the money had been derived from criminal activity.

Money laundering in California is a very serious charge, and there are modifiers for the punishment an offender can receive depending on the amount of money laundered and the number of transactions entered into.

Jail time and fines may be increased greatly.

Defending PC 186.10

Money Laundering Defense Strategies

Lack of Knowledge

Defending PC 186.10 requires an attorney willing to exhaust all options at his disposal.

For example, an attorney may try to show you were not involved in the transaction at issue, or that the transaction was not of the amount required or within the statutory period. Your attorney may also attempt to show you had no knowledge the money was involved in any criminal activity, and you had no intent to commit a crime or use money stemming from a crime.

Bank Element

Finally, it is required that you go through a financial institution to be convicted, so if an attorney can show there were no banks or other institutions involved, you cannot be convicted of money laundering in California.

We Want to Help

If you or a loved one is being charged with Money Laundering in violation of PC 186.10 in California, we invite you to contact us immediately for a free case review. Schedule an appointment to meet with us in person, or feel free to submit an evaluation online and we will get in contact with you ASAP. We can provide a free consultation in our office located in Century City, or by phone.

Our experienced and assiduous Los Angeles Criminal Defense Lawyers will be sure to fight until the end to reduce or drop your charges completely.

Call Us for a FREE Case Review: 310-274-6529

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How to Win Your Case

We cannot stress enough that you read, understand and follow these 10 basic rules if you are criminally charged or under investigation:

  1. Don’t ever talk to the police
  2. Do not discuss your case with anyone
  3. Everything you tell your lawyer is confidential
  4. Tell police you need to contact your attorney
  5. Never consent to any search by the police
  6. If the police knock on your door, don't answer!
  7. Realize the consequences of a criminal conviction
  8. Your lawyer (not you) will contact any witnesses
  9. Information on your cell phone is evidence
  10. Early Intervention is the key

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