Sec. 4. Section 1957 violations involving commingled funds and aggregated transactions
148 words·~1 min read·
/bill/118/s/3643/is/section-4·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 1957 of title 18, United States Code, is amended— by redesignating subsection
(f)as subsection (g); and by inserting after subsection
(e)the following: In a prosecution for an offense under this section, the Government may satisfy the $10,000 monetary transaction value requirement under subsection
(a)by showing that— the monetary transaction involved the transfer, withdrawal, encumbrance, or other disposition of more than $10,000 from an account in which more than $10,000 in proceeds of specified unlawful activity was commingled with other funds; or the defendant conducted a series of monetary transactions in amounts of not more than $10,000 that— exceeded $10,000 in the aggregate; and were closely related to each other as demonstrated by factors such as— the time period between the transactions; the identity of the parties involved; the nature or purpose of the transactions; and the manner in which the transactions were conducted. .