207.195 - Use of monetary instrument proceeding or derived from unlawful activity; conducting financial transaction with intent to evade regulation governing records of casinos. - Nevada Statutes

207.195  Use of monetary instrument proceeding or derived from unlawful activity; conducting financial transaction with intent to evade regulation governing records of casinos.

      1.  If a monetary instrument represents the proceeds of or is directly or indirectly derived from any unlawful activity, it is unlawful for a person, having knowledge of that fact:

      (a) To conduct or attempt to conduct a financial transaction involving the instrument:

             (1) With the intent to further any unlawful activity;

             (2) With the knowledge that the transaction conceals the location, source, ownership or control of the instrument; or

             (3) With the knowledge that the transaction evades any provision of federal or state law that requires the reporting of a financial transaction.

      (b) To transport or attempt to transport the monetary instrument:

             (1) With the intent to further any unlawful activity;

             (2) With the knowledge that the transportation conceals the location, source, ownership or control of any proceeds derived from unlawful activity; or

             (3) With the knowledge that the transportation evades any provision of federal or state law that requires the reporting of a financial transaction.

      2.  It is unlawful for any person to conduct or attempt to conduct a financial transaction with the intent to evade a regulation adopted pursuant to NRS 463.125.

      3.  A person who violates any provision of subsection 1 or 2 is guilty of a category D felony and shall be punished as provided in NRS 193.130.

      4.  Each violation of subsection 1 or 2 involving one or more monetary instruments totaling $10,000 or more shall be deemed a separate offense.

      5.  As used in this section:

      (a) “Financial transaction” means any purchase, sale, loan, pledge, gift, transfer, deposit, withdrawal or other exchange involving a monetary instrument. The term does not include any instrument or transaction for the payment of assistance of counsel in a criminal prosecution.

      (b) “Monetary instrument” includes any coin or currency of the United States or any other country, any traveler’s check, personal check, money order, bank check, cashier’s check, stock, bond, precious metal, precious stone or gem or any negotiable instrument to which title passes upon delivery. The term does not include any instrument or transaction for the payment of assistance of counsel in a criminal prosecution.

      (c) “Unlawful activity” includes any crime related to racketeering as defined in NRS 207.360 or any offense punishable as a felony pursuant to state or federal statute. The term does not include any procedural error in the acceptance of a credit instrument, as defined in NRS 463.01467, by a person who holds a nonrestricted gaming license.

      (Added to NRS by 1991, 181; A 1995, 430, 1240, 1332)