Ohio — Statute

Money Laundering in Support If Terrorism | Ohio Title 29 - Crimes and Procedure | Ohio Law

Ohio law 2909.29 criminalizes money laundering supporting terrorism, with penalties based on the amount involved, from misdemeanors to serious felonies.

Legal Content

Money Laundering in Support If Terrorism

Ohio — Ohio Title 29 - Crimes and Procedure

Summary

Ohio Revised Code 2909.29 criminalizes the act of money laundering in support of terrorism. It prohibits knowingly handling property or monetary instruments linked to terrorism with intent to commit crimes, conceal sources, or evade reporting requirements. Violations range from misdemeanors to felonies depending on the value involved.

Frequently Asked Questions

What constitutes money laundering in support of terrorism under Ohio law?

It involves knowingly handling property or monetary instruments linked to terrorism with intent to commit crimes, conceal sources, or avoid reporting requirements.

What are the penalties for violating Ohio ORC 2909.29?

Penalties vary from first-degree misdemeanors to third-degree felonies, depending on the amount involved, with higher amounts resulting in more severe charges.

What is considered a monetary instrument in this law?

A monetary instrument includes cash, checks, money orders, or other financial instruments used to support or facilitate terrorism-related activities.

Does this law apply if the property is below a certain value?

Yes, violations involving property valued at less than $1,000 are typically classified as misdemeanors, with more serious charges applying as the amount increases.

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In simple terms: Ohio law 2909.29 criminalizes money laundering supporting terrorism, with penalties based on the amount involved, from misdemeanors to serious felonies.. This means people must follow this rule, and breaking it can lead to criminal penalties.

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