Section 470.24. Money laundering in support of terrorism in the first degree

A  person is guilty of money laundering in support of terrorism in the
  first degree when:
    1. Knowing that  the  property  involved  in  one  or  more  financial
  transactions  represents  either  the proceeds of an act of terrorism as
  defined in subdivision one of section 490.05 of this part, or a monetary
  instrument given, received or intended to be used to support a violation
  of article four hundred ninety of this part:
    (a) he or she conducts one or more  financial  transactions  which  in
  fact  involve  either  the proceeds of an act of terrorism as defined in
  subdivision one of section 490.05 of this part, or a monetary instrument
  given, received or intended to be used to support a violation of article
  four hundred ninety of this part:
    (i) With intent to:
    (A) promote the carrying on of specified 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 either the proceeds of an
  act of terrorism as defined in subdivision one of section 490.05 of this
  part, or a monetary instrument given, received or intended to be used to
  support a violation of article four hundred ninety of this part; or
    (B) avoid any transaction reporting requirement imposed by law; and
    (iii) The total value of  the  property  involved  in  such  financial
  transaction or transactions exceeds seventy-five thousand dollars.
    2.  He  or  she  conducts one or more financial transactions involving
  property represented to be either the proceeds of an act of terrorism as
  defined in subdivision one of section 490.05 of this part, or a monetary
  instrument given, received or intended to be used to support a violation
  of article four hundred ninety of this part:
    (a) 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 either the proceeds
  of an act of terrorism as defined in subdivision one of  section  490.05
  of this part, or a monetary instrument given, received or intended to be
  used to support a violation of article four hundred ninety of this part;
  or
    (iii) avoid any transaction reporting requirement imposed by law; and
    (b)  The  total  represented  value  of  the property involved in such
  financial transaction or transactions exceeds  one  hundred  twenty-five
  thousand dollars.
    Money  laundering  in  support  of  terrorism in the first degree is a
  class B felony.