Sec. 53a-276. Money laundering in the first degree: Class B felony.
Sec. 53a-276. Money laundering in the first degree: Class B felony. (a) A person
is guilty of money laundering in the first degree when he exchanges or receives in
exchange, in one or more transactions, one or more monetary instruments derived from
criminal conduct constituting a felony and of a total value exceeding ten thousand dollars, for one or more other monetary instruments or equivalent property, with the intent
to conceal that the exchanged monetary instrument or instruments or equivalent property
is derived in whole or in part from the criminal sale of a controlled substance or with
the intent that the exchange aid a person in the criminal sale of a controlled substance
or to profit or benefit from the criminal sale of a controlled substance.
(b) Money laundering in the first degree is a class B felony.
(P.A. 87-373, S. 6.)