18 U.S.C. § 880 — Receiving the proceeds of extortion
submitted 32 years ago by Pub. L. 103-322 to r/title-18-CRIMES-AND-CRIMINAL-PROCEDURE · 58 words · no verdicts yet
This law punishes people who knowingly deal with money or property from an extortion crime. The extortion offense must carry a prison term of more than 1 year. Violators face up to 3 years in prison, a fine, or both.
This law punishes a person who deals with money or property that came from an extortion offense under this chapter, as shown by the section's heading.
It applies to four actions: receiving, possessing, concealing, or disposing of the money or property.
The money or property must have come from an offense under this chapter that carries a prison term of more than 1 year.
The person must also know that the money or property was unlawfully obtained. If the person did not know this, the law does not apply.
A person who does one of these four things, while knowing the property came from unlawful extortion, can be imprisoned for up to 3 years. A court can also fine the person under this title. A court can impose both the prison term and the fine together, or either one alone. This section does not set a minimum prison term or fine amount.
facts
A person who receives, possesses, conceals, or disposes of any money or other property which was obtained from the commission of any offense under this chapter that is punishable by imprisonment for more than 1 year, knowing the same to have been unlawfully obtained, shall be imprisoned not more than 3 years, fined under this title, or both.
Source credit: (Added Pub. L. 103–322, title XXXII, § 320601(a)(1), Sept. 13, 1994, 108 Stat. 2115.)
- 1994Enacted · Pub. L. 103-322 · 108 Stat. 2115
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