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CONNECTICUT STATUTES AND CODES

Sec. 53a-280. Money laundering. Alternative fine.

      Sec. 53a-280. Money laundering. Alternative fine. In lieu of the fine authorized under section 53a-41 or 53a-42, and in addition to any fine authorized by section 53a-44, any person who violates section 53a-276, 53a-277 or 53a-278 shall be fined, for a first offense, not more than two hundred fifty thousand dollars, or twice the value of the criminally derived monetary instrument or instruments, whichever is greater, and for a second or subsequent offense, not more than five hundred thousand dollars or five times the value of the criminally derived monetary instruments, whichever is greater.

      (P.A. 87-373, S. 10.)

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