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Minnesota Legislature

Office of the Revisor of Statutes

609.497 ENGAGING IN A BUSINESS OF CONCEALING CRIMINAL PROCEEDS.
    Subdivision 1. Crime. A person is guilty of a felony and may be sentenced under subdivision
2 if the person knowingly initiates, organizes, plans, finances, directs, manages, supervises, or
otherwise engages in a business that has as a primary or secondary purpose concealing money or
property that was gained as a direct result of the commission of a felony under this chapter or
chapter 152, or of an offense committed in another jurisdiction that would be a felony under this
chapter or chapter 152 if committed in Minnesota.
    Subd. 2. Penalty. A person convicted under subdivision 1 may be sentenced to imprisonment
for not more than 20 years, or to payment of a fine of not more than $1,000,000, or both.
History: 1989 c 286 s 4