Frank, Juengel & Radefeld, Attorneys at Law Frank, Juengel & Radefeld, Attorneys at Law DEFENDING THE RIGHTS OF THE ACCUSED 314-282-8657 Menu View Our Practice Areas

Is money laundering a federal or state crime?

There are often different roads that may be traveled in order to reach the same destination. St. Louis residents might choose one path over another, even if the underlying goal is the same between the two.

In the criminal justice system, there are also different paths that may be taken by law enforcement and prosecutors when it comes to prosecuting individuals for alleged crimes. Different charges may be alleged based on virtually the same conduct, although the charges can carry different elements and different penalties that are associated with the charges upon a conviction.

For example, last week, this blog discussed federal charges of money laundering. These federal charges are serious allegations of white collar crime, with serious penalties associated with the charges.

However, it is important to understand that other charges can be brought for the same or similar conduct under Missouri law, apart from the federal charges. Under Missouri law, it is illegal to conduct transactions involving the physical transfer of currency from one person to another with the purpose of carrying on criminal activity.

Missouri law also prohibits a person from conducting transactions involving the transfer of currency with the purpose of concealing or disguising the source of the proceeds of criminal activity. It is illegal to conduct currency transactions to avoid reporting requirements under federal law. Finally, Missouri law makes it illegal to conduct currency transactions to carry on criminal activity for the purpose of making a terrorist threat or act.

All of the above situations are defined as money laundering under Missouri law. The statute indicates that money laundering is classified as a class B felony.

Source: Missouri Revised Statutes, "Section 574.105.2," accessed on Mar. 7, 2015

No Comments

Leave a comment
Comment Information

Contact Our Firm

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Frank, Juengel & Radefeld,
Attorneys at Law

7710 Carondelet Avenue
Suite 350
St. Louis, MO 63105

Phone: 314-282-8657
Fax: 314-721-4377

View Map and Directions

FindLaw Network
Super Lawyers AV Lexis Nexis Martindale Hubbell PeerReviewRated The National Trial Lawyers Top 100 Trial Lawyers The Bar Association of MetroPolitan St. Louis Illinois State Bar Association St. Louis Business Journal
National Association of Criminal Defense Lawyers The Missouri Bar St. Louis County Bar Association MACDL UP COMING 2011 Avvo Rating 10.0 Superb | Top Attorney Criminal Defense
Back to Top