Sec. 53a-279. Money laundering in the fourth degree: Class A misdemeanor.
Sec. 53a-279. Money laundering in the fourth degree: Class A misdemeanor.
(a) A person is guilty of money laundering in the fourth 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 for one or more other monetary
instruments or equivalent property, with knowledge that the exchange will conceal that
the exchanged monetary instrument or instruments or equivalent property is derived
from any criminal activity, or with knowledge that the exchange will aid a person to
engage in or to profit or benefit from criminal activity.
(b) Money laundering in the fourth degree is a class A misdemeanor.
(P.A. 87-373, S. 9.)