If the amount involved reaches 6 million, he shall be sentenced to fixed-term imprisonment of not more than five years and shall also be fined. Anyone who refuses to cooperate, if the circumstances are serious, shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years, and shall also be fined. Knowingly knowing that they are illegal gains from drug crimes, legalizing the illegal gains by depositing them in financial institutions, investing, or circulating in the securities market. , the criminal proceeds and illegal gains shall be confiscated, and the offender shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also or solely be fined not less than 5% but not more than 20% of the amount of money laundered.
How long does it take to launder money for others without knowing it?
It is not a crime to launder money for others without knowing it, and it is not a crime to launder money for others without knowing it. Because the subjective manifestation of the crime of money laundering is intentional money laundering, intentionality is the essential element. If there is complete ignorance and no subjective intention to participate in the crime, there will be no conviction and there is no need to bear criminal responsibility.
Whether people who do not know how to help others launder money will bear criminal liability are as follows:
1. Knowing that others are engaged in criminal activities and assisting in the conversion or transfer of property;
2. Assisting in the conversion or transfer of property by illegal means without justifiable reasons;
3. Purchasing real estate at a price significantly lower than the market price without justifiable reasons;
4. Reasons, assist in converting or transferring property, and charge "handling fees" that are significantly higher than the market;
5. Assist others to deposit huge amounts of cash into multiple bank accounts or transfer between different bank accounts without legitimate reasons Frequent transfers;
6. Assisting close relatives or other closely related people to convert or transfer property that is obviously inconsistent with their occupation or property status;
7. It can be determined that the perpetrator knew other situations.
I hope the above content can help you. If you have any other questions, please consult a professional attorney.
Legal basis: According to Article 191 of the "Criminal Law of the People's Republic of China", money laundering crimes refer to drug crimes, underworld organized crimes, terrorist crimes, smuggling crimes, corruption and bribery crimes, and financial sabotage. To manage the illegal gains and proceeds of order crimes and financial fraud crimes, in order to cover up and conceal their sources and nature, provide fund accounts or help convert property into cash, financial bills, and securities. Or assist in transferring funds through transfer or other settlement methods, or assist in remitting funds out of the country, or otherwise cover up or conceal criminal proceeds and the source and nature of the proceeds.