Code of Virginia - Title 18.2 Crimes And Offenses Generally - Section 18.2-516 Prohibition of illegal money transmitting

§ 18.2-516. Prohibition of illegal money transmitting

A. Any person who controls, manages, or owns all or part of an enterprise, engaged in money transmission as defined in § 6.1-370, and transmits money, which he knows or should have known was derived from or traceable to racketeering activity, is guilty of a Class 6 felony.

B. All property, real or personal, including money, used in substantial connection with, intended for use in the course of, or traceable to, conduct in violation of any provision of subsection A is subject to civil forfeiture to the Commonwealth. The forfeiture proceeding shall be conducted pursuant to the provisions of Chapter 22.1 (§ 19.2-386.1 et seq.) of Title 19.2.

(2004, cc. 883, 996.)

Sections:  Previous  18.2-512  18.2-513  18.2-514  18.2-515  18.2-516  18.2-517  Next

Last modified: April 16, 2009