U.S. Sentencing Commission Money Laundering Offenses FY – 2022

U.S. Sentencing Commission Money Laundering Offenses FY – 2022

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United States Sentencing Commission released some facts about money laundering offences in the United States in 2022. In fiscal year 2022, the federal system sentenced 1,001 money laundering offenders, marking a 12.0% decrease since 2018. Men accounted for 79.1% of these offences, with the average offender’s age at sentencing being 42 years. A significant portion, 74.0%, were United States citizens. Notable districts for money laundering offenders were the Southern District of Florida (42), Southern District of New York (33), Southern District of Texas (33), Northern District of Ohio (31), and Western District of Missouri (26). Sentences were increased for various factors, including involvement in offences related to controlled substances, violence, weapons, national security, or the sexual exploitation of a minor (17.0%), as well as specific statutory violations like 18 U.S.C. § 1957 (11.8%) and 18 U.S.C. § 1956 (81.1%). Additional sentence enhancements applied to those in the business of money laundering, those engaged in sophisticated laundering, leaders or supervisors of offences, those who abused positions of trust, and those obstructing justice.