Money-laundering prison sentences reach record high

5

The average prison sentence for money-laundering has increased by 8% in the last year, according to new research. The research by Thomson Reuters revealed that average jail time increased to 27 months in 2018, up from 25 months in 2017.

The past decade has seen an increase by 30% in the average prison sentence for money-laundering offences (from 20.5 months in 2008). The increase comes in the wake of new sentencing guidelines issued in 2014 and shows that officials have been cracking down on offenders.