Colorado criminal charge
Money laundering in Colorado
Money laundering is a class 3 felony under Colorado criminal law, defined by C.R.S. § 18-5-309. As a class 3 felony, it is punishable within the statutory sentencing range Colorado sets for that offense class. Colorado sorts criminal offenses into felonies, misdemeanors, and petty offenses, each carrying its own penalty range.
Defined by C.R.S. § 18-5-309.
What is the penalty for money laundering in Colorado?
| Penalty | Range | Basis | Authority |
|---|---|---|---|
| Jail / prison | 4 years to 12 years | presumptive | C.R.S. § 18-1.3-401 |
| Fine | 3000 usd to 750000 usd | discretionary | C.R.S. § 18-1.3-401 |
| Parole / supervision | 3 years to 3 years (mandatory parole) | mandatory | C.R.S. § 18-1.3-401 |
Applies to offenses on/after 2018-07-01.
Common questions about money laundering in Colorado
Is money laundering a felony or a misdemeanor in Colorado?
Money laundering is a class 3 felony in Colorado under C.R.S. § 18-5-309.
What are the penalties for money laundering in Colorado?
As a class 3 felony, money laundering carries 4 years to 12 years of incarceration and a fine of $3,000 to $750,000 under C.R.S. § 18-1.3-401 (offenses on/after 2018-07-01).
Which Colorado statute covers money laundering?
Money laundering is governed by C.R.S. § 18-5-309 (Money laundering - illegal investments - penalty - definitions).
Legal terms used in this law
This reference is informational and is not legal advice. Penalty ranges are the statutory classification ranges; sentencing in a specific case depends on its facts and history.