West Virginia § 61-15-2 - 61-15-2. Laundering through financial transactions.
Full text of West Virginia West Virginia Code § 61-15-2 — 61-15-2. Laundering through financial transactions., with citation guidance and answers to common questions.
§ 61-15-2. 61-15-2. Laundering through financial transactions.
(a) It is unlawful for any person to conduct or attempt to conduct a financial transaction involving the proceeds of criminal activity knowing that the property involved in the financial transaction represents the proceeds of, or is derived directly or indirectly from the proceeds of, criminal activity:
(1) With the intent to promote the carrying on of the criminal activity; or
(2) Knowing that the transaction is designed in whole or part:
(i) To conceal or disguise the nature, location, source, ownership, or control of the proceeds of the criminal activity; or
(ii) To avoid any transaction reporting requirement imposed by law.
(b) Any person violating the provisions of subsection (a) of this section where the amount involved in the transaction is less than $1,000 is guilty of a misdemeanor and, upon conviction, shall be confined in jail for not more than one year or fined not more than $1,000, or both confined and fined.
(c) Any person violating the provisions of subsection (a) of this section where the amount involved in the transaction is not less than $1,000 nor more than $20,000 is guilty of a felony and, upon conviction, shall be imprisoned in a state correctional facility for not less than one nor more than five years, or fined not less than $1,000 nor more than $10,000, or both imprisoned and fined.
(d) Any person violating the provisions of subsection (a) of this section where the amount involved in the transaction in excess of $20,000 is guilty of a felony and, upon conviction, shall be imprisoned in a state correctional facility for not less than two nor more than ten years, or fined not less than $5,000 nor more than $25,000, or both imprisoned and fined.
Source: official West Virginia text · Last verified 2026-08-27
Frequently Asked Questions About West Virginia § 61-15-2
What does West Virginia Code § 61-15-2 cover?
Section 61-15-2 ("61-15-2. Laundering through financial transactions.") is part of the West Virginia Code, the codified statutory law of West Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite West Virginia § 61-15-2?
A common citation format is "West Virginia Code § 61-15-2" (West Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of West Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the West Virginia official source linked on this page or consult a licensed West Virginia attorney.
How does West Virginia § 61-15-2 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in West Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in West Virginia.