Money laundering of 10 million is a serious case. The criminal suspect will be sentenced to fixed-term imprisonment of not less than five years but not more than ten years by the People's Court and a fine.

If a unit commits a crime, the unit shall be fined, and the person directly in charge and other directly responsible personnel shall be punished according to the circumstances.

Constitutive elements of the crime of money laundering

1. The object violated by the crime of money laundering is a complex object, that is, it not only violates the financial order, but also violates the social and economic management order, and also violates the state. Relevant regulations on normal financial management activities and foreign exchange management;

2. The objective aspect of money laundering crime is assisting in converting property into cash or financial instruments: including converting physical objects into cash or financial instruments, and also It includes converting cash into financial bills or converting financial bills into cash, and also includes converting this kind of cash into that kind of cash, and converting this kind of financial bill into that kind of financial bill. At the same time, the money they "launder" must originate from seven crimes: drug crimes, organized crimes of a mafia nature, corruption and bribery crimes, terrorist crimes, smuggling crimes, crimes that disrupt financial management order, and financial fraud crimes;

< p>3. The criminal subject of the crime of money laundering is a general subject, including natural persons and entities who are over 16 years old and have the capacity for criminal responsibility;

4. The subjective aspect of the crime of money laundering is intentional, that is, The perpetrator knows that his behavior is to cover up the illegal gains from crime, conceals its source and nature, does it deliberately for profit, and hopes that this result will happen.

1. How long is the sentence for money laundering 10 million yuan?

Money laundering 10 million yuan can be sentenced to a fixed-term imprisonment of not less than five years but not more than 10 years, and a fine of 5% to 20%. Article 191 of the "Criminal Law of the People's Republic of China" stipulates: knowingly committing a drug crime, organized crime of a gangland nature, terrorist activity crime, smuggling crime, corruption and bribery crime, crime of disrupting financial management order, and financial fraud crime Income and the proceeds thereof, in order to cover up or conceal their source and nature, who commits any of the following acts, the proceeds from the commission of the above crimes and the proceeds thereof shall be confiscated, and shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall be fined concurrently or separately. A fine of not less than 5% but not more than 20% of the amount of money laundered shall be imposed; if the circumstances are serious, the person shall be sentenced to fixed-term imprisonment of not less than five years but not more than 10 years, and shall also be fined not less than 5% but not more than 20% of the amount of money laundered:

1. Providing capital accounts;

2. Assisting in converting property into cash, financial bills, and securities;

3. Assisting through transfers or other settlement methods Transferring funds;

4. Assisting in remitting funds overseas;

5. Using other methods to conceal or conceal criminal proceeds and the source and nature of the proceeds.

2. Characteristics of money laundering

1. Diversity of methods

In order to evade supervision and tracing, money laundering criminals often use different methods and channels to process the proceeds of crime. for processing. Long-term money laundering activities have developed a variety of money laundering tools, such as using financial services provided by financial institutions, using shell companies, forging commercial papers, etc. Innovations in economic methods have also led to continuous innovations in money laundering methods, making them more covert, such as online transactions. Professional money laundering organizations are becoming more and more proficient in combining various money laundering methods and methods.

2. Process complexity

To achieve the purpose of money laundering, one of the main ways is to change the original form of criminal proceeds, eliminate traces that may become evidence, and provide criminal proceeds and their The proceeds are disguised so that they blend in with the legitimate proceeds. This forces money launderers to adopt complex methods, through various intermediate forms, and adopt multiple operating methods to launder money.

3. Object specificity

The objects of money laundering are funds and properties, which are without exception closely related to criminal activities, such as drugs, smuggling, and fraud. , corruption and bribery, tax evasion and other crimes. Generally speaking, only illegal gains need to be cleaned.

4. International activities

With the rapid development of economy and science and technology, the exchange of people, the transportation of goods, the flow of funds, the dissemination of information and the provision of services in the world have become increasingly internationalized, resulting in the internationalization of criminal activities. In transnational criminal activities that pursue illegal economic benefits, the transfer of criminal proceeds has become a key issue, which directly leads to the increasingly cross-border and transnational nature of money laundering activities.

To sum up: Money laundering is illegal because it causes extremely great harm to the national economy. Therefore, we should report money laundering as soon as possible. If your bank card is used for money laundering, you should also report it to the police in time to clear the suspicion.

Legal basis:

"Criminal Law of the People's Republic of China"

Article 191

Money Laundering Crime To cover up or conceal the income from drug crimes, organized crimes of a mafia nature, terrorism crimes, smuggling crimes, corruption and bribery crimes, crimes that disrupt financial management order, financial fraud crimes and the source and nature of the proceeds, one of the following acts If the case is serious, the proceeds from committing the above crimes and the proceeds therefrom shall be confiscated, and the person shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and concurrently or solely a fine; if the circumstances are serious, the person shall be sentenced to fixed-term imprisonment of not less than five years but not more than 10 years, and shall also be fined:

(1) Providing a capital account;

(2) Converting property into cash, financial bills, securities;

(3) By transfer or Transferring funds through other payment and settlement methods;

(4) Transferring assets across borders;

(5) Using other methods to conceal or conceal criminal proceeds and the source and nature of the proceeds .

If a unit commits the crime in the preceding paragraph, the unit shall be fined, and the person directly in charge and other directly responsible personnel shall be punished in accordance with the provisions of the preceding paragraph.