Section 470.05. Money laundering in the fourth degree

A person is guilty of money laundering in the fourth degree when:
    1.  Knowing  that  the  property  involved  in  one  or more financial
  transactions represents the proceeds of criminal conduct:
    (a) he or she conducts one or more such financial  transactions  which
  in fact involve the proceeds of specified criminal conduct:
    (i) With intent to:
    (A) promote the carrying on of criminal conduct; or
    (B)  engage  in  conduct constituting a felony as set forth in section
  eighteen hundred three, eighteen hundred four, eighteen hundred five, or
  eighteen hundred six of the tax law; or
    (ii) Knowing that the transaction or transactions in whole or in  part
  are designed to:
    (A)  conceal  or  disguise  the  nature, the location, the source, the
  ownership or the control of the proceeds of criminal conduct; or
    (B) avoid any transaction reporting requirement imposed by law; and
    (b) The total  value  of  the  property  involved  in  such  financial
  transaction or transactions exceeds five thousand dollars; or
    2.  Knowing  that  one  or  more  monetary  instruments represents the
  proceeds of criminal conduct:
    (a) he or she transports, transmits,  or  transfers  on  one  or  more
  occasions,  monetary instruments which in fact represent the proceeds of
  specified criminal conduct:
    (i) With intent to promote the carrying on of criminal conduct; or
    (ii) Knowing that such transportation,  transmittal,  or  transfer  is
  designed in whole or in part to:
    (A)  conceal  or  disguise  the  nature, the location, the source, the
  ownership, or the control of the proceeds of criminal conduct; or
    (B) avoid any transaction reporting requirement imposed by law; and
    (b) The total value of such monetary instrument or instruments exceeds
  ten thousand dollars; or
    3. He or she conducts one or more financial transactions:
    (a) involving property represented to be  the  proceeds  of  specified
  criminal  conduct,  or  represented  to  be  property used to conduct or
  facilitate specified criminal conduct, with intent to:
    (i) promote the carrying on of specified criminal conduct; or
    (ii) conceal or disguise the nature, the  location,  the  source,  the
  ownership  or  the  control  of  property believed to be the proceeds of
  specified criminal conduct; or
    (iii) avoid any transaction reporting requirement imposed by law; and
    (b) the total  value  of  the  property  involved  in  such  financial
  transaction or transactions exceeds ten thousand dollars.
    Money laundering in the fourth degree is a class E felony.