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2018 Georgia Code 7-1-915 | Car Wreck Lawyer

Link to State of Georgia Official Statute 2018 Georgia Code Annotated (sourced from legal.resource.org)
O.C.G.A. 7-1-915 Case Law from Google Scholar Amendments to OCGA 7-1-915

TITLE 7 BANKING AND FINANCE

Section 1. Financial Institutions, 7-1-1 through 7-1-1021.

ARTICLE 11 RECORDS AND REPORTS OF CURRENCY TRANSACTIONS

7-1-915. Criminal penalties; penalties imposed by other Code sections not superseded.

  1. Except as provided in subsection (b) of this Code section, whoever willfully violates any provision of this article shall be guilty of a misdemeanor.
  2. Whoever willfully violates any provision of this article where the violation is:
    1. Committed in furtherance of the commission of any other violation of Georgia law; or
    2. Committed as part of a pattern of illegal activity involving transactions exceeding $100,000.00 in any 12 month period

      shall be guilty of a felony and, upon conviction thereof, shall be punished by a fine of not more than $500,000.00 or by imprisonment for not more than five years, or both.

  3. Whoever, knowing that the moneys involved in a currency transaction represent the proceeds of some form of unlawful activity, conducts or attempts to conduct such a transaction which in fact involves the proceeds of specified unlawful activity:
    1. With the intent to promote the carrying on of specified unlawful activity; or
    2. Knowing that the transaction is designed in whole or in part to conceal or disguise the nature, the location, the source, the ownership, or the control of the proceeds of specified unlawful activity; or to avoid a transaction reporting requirement under this article

      shall be sentenced to a fine of not more than $500,000.00 or twice the amount involved in the transaction, whichever is greater, or imprisonment for not more than 20 years, or both.

  4. Nothing in subsection (c) of this Code section nor in subsection (c) of Code Section 7-1-914 shall supersede any provision of law imposing criminal or civil penalties or affording civil remedies in addition to those provided for in this Code section or in Code Section 7-1-914.

(Code 1981, §7-1-915, enacted by Ga. L. 1982, p. 2219, § 1; Ga. L. 1983, p. 3, § 5; Ga. L. 1989, p. 1211, § 20.)

JUDICIAL DECISIONS

Evidence sufficient to support conviction.

- Evidence that the defendant was part of a conspiracy to deceive the victims into believing the victims had to wire money to a co-conspirator's bank account, and that the funds were used to promote unlawful activity was sufficient to support the defendant's conviction for money laundering. Akintoye v. State, 340 Ga. App. 777, 798 S.E.2d 720 (2017).

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