1. 16 How long does it take to help others launder money?
16 years old who helps others to launder money shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention.
The crime of money laundering refers to the act of knowingly depositing illegal income and its income from drug crimes, organized crimes of underworld nature, crimes of corruption and bribery, crimes of terrorist activities, crimes of smuggling, crimes of disrupting financial management order, and crimes of financial fraud into financial institutions, investing or circulating on the market, so as to legalize it.
Sentencing standard:
(1) If a natural person commits the crime of money laundering, the illegal gains and gains from drug crimes, organized crimes of underworld nature and smuggling crimes shall be confiscated, and he shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also, or shall only, be fined not less than 5% but not more than 20% of the money laundered; If the circumstances are serious, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years, and shall also be fined not less than five percent but not more than twenty percent of the money laundering amount.
(2) If a unit commits this crime, it shall be fined, and the directly responsible person in charge and other directly responsible personnel shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention; If the circumstances are serious, they shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years.
Second, what are the methods of money laundering crime?
According to the judicial practice and the successful experience of foreign countries in investigating money laundering crimes, the specific ways and means of money laundering are as follows:
(1) Using savings institutions to deposit the proceeds of crime directly into banks or other financial institutions in cash. Usually used to clean up the money that is not very large.
(two) by opening hotels, dance halls and other entertainment places that need a lot of cash in daily life, the illegal income is mixed with the legal income.
(3) Buying real estate with illegally obtained cash creates the illusion that there is a legitimate source of income on the surface in the name of real estate ordering business.
(4) Using securities business. Criminal organizations can convert illegal funds into highly liquid assets through securities business activities, and at the same time achieve the purpose of anonymity through bearer checks.
(5) Buy gold, jewelry, etc. Transfer or cover up the proceeds of crime. Art, stamps and other collectibles have also become carriers for money launderers to turn large amounts of cash into inconspicuous assets.
(six) the use of financial markets in developing countries with imperfect supervision for money laundering. Due to the shortage of funds in developing countries, the supervision of capital flows is relatively weak, and it is easy for black money to enter these countries in the name of investment and then withdraw in an open way.
(7) Opening accounts and depositing cash in countries with strict bank secrecy.
(8) Investing in the establishment of companies and entities as money laundering tools.
(9) Take advantage of foreign trade to buy some inferior products or waste products and wastes at high prices, remit money to overseas "sellers" and transfer illegal funds to make them put on a legal coat.
(10) Use of professionals. Money launderers use and buy securities brokers, financial advisers, accountants and lawyers through various means to provide them with consulting and professional services including litigation, and some of them even directly participate in money laundering crimes.
(eleven) the use of international exchange business. With the electronization of international exchange business, international exchange has become more and more convenient and fast. However, because the norms of international financial business are not uniform, money launderers can often find loopholes and use international remittance business to transfer black money.
(twelve) the use of gambling and lottery money laundering.
According to the criminal law, the crime of money laundering will be sentenced to fixed-term imprisonment of not more than five years, while those with serious money laundering circumstances will be sentenced to fixed-term imprisonment of not less than five years 10 years. At the same time, it should be noted that even minors who have reached the age of 16 still need to be sentenced to fixed-term imprisonment according to money laundering.