§ 880
Receiving the proceeds of extortion
Official text prohibited actmental stateif conditionpenaltylegal term
A person who receives, possesses, conceals, or disposes of any money or other property which was obtained from the commission of any offense under this chapter that is punishable by imprisonment for more than 1 year, knowing the same to have been unlawfully obtained, shall be imprisoned not more than 3 years, , or both.
History: (Added Pub. L. 103–322, title XXXII, §320601(a)(1), Sept. 13, 1994, 108 Stat. 2115 (PDF, 52 MB).)
Simplified explanation
It is a federal crime to receive, keep, hide, or get rid of money or property that someone got through an extortion or threat crime under this chapter that carries more than 1 year in prison.