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Code of Virginia

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Code of Virginia
Title 18.2. Crimes and Offenses Generally
Chapter 13. Virginia Racketeer Influenced and Corrupt Organization Act
7/3/2025

§ 18.2-516. (Effective July 1, 2026) Prohibition of illegal money transmitting. (2025 updated section)

A. Any person who controls, manages, or owns all or part of an enterprise, engaged in money transmission as defined in § 6.2-1922, and transmits money, which he knows or should have known was derived from or traceable to racketeering activity, is guilty of a Class 6 felony.

B. All property, real or personal, including money, used in substantial connection with, intended for use in the course of, or traceable to, conduct in violation of any provision of subsection A is subject to civil forfeiture to the Commonwealth. The forfeiture proceeding shall be conducted pursuant to the provisions of Chapter 22.1 (§ 19.2-386.1 et seq.) of Title 19.2.

2004, cc. 883, 996; 2025, c. 214.