Verified by Licensed Bail Bond Professionals•Last updated: March 2026
Definition: The process of concealing the source of money obtained through illegal activity by making it appear to have come from a legitimate source. Florida's money laundering statute covers transactions of $300 or more involving the proceeds of criminal activity.
Category: Criminal Offenses · Statute: F.S. 896.101 · Source: Florida Legislature
Florida Statute 896.101"It is unlawful for any person to... conduct or attempt to conduct a financial transaction... knowing that the property involved represents the proceeds of some form of unlawful activity."
Penalties by Amount
- $300-$19,999 — 3rd degree felony (up to 5 years)
- $20,000-$99,999 — 2nd degree felony (up to 15 years)
- $100,000+ — 1st degree felony (up to 30 years)
Bail
Bail: $25,000–$500,000+. Money laundering charges often accompany drug trafficking or fraud, resulting in very high cumulative bail.