Establishes money laundering and illegal investment offenses in Wyoming with specific penalties.

Wyoming SF0116 creates the offenses of money laundering and illegal investment, defining them and setting penalties. Money laundering involves transporting or possessing property known to be derived from criminal activity, punishable by up to ten years in prison, a fine of up to $10,000, or both. Illegal investment involves managing or controlling property derived from criminal activity with intent to evade reporting requirements, also punishable by up to ten years in prison and a fine of up to $10,000. The act is effective July 1, 2025.

Establishes money laundering and illegal investment offenses in Wyoming with specific penalties.

Wyoming SF0116 creates the offenses of money laundering and illegal investment, defining them and setting penalties. Money laundering involves transporting or possessing property known to be derived from criminal activity, punishable by up to ten years in prison, a fine of up to $10,000, or both. Illegal investment involves managing or controlling property derived from criminal activity with intent to evade reporting requirements, also punishable by up to ten years in prison and a fine of up to $10,000. The act is effective July 1, 2025.