Which of the following constitutes 'proceeds' under Chapter59?

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Multiple Choice

Which of the following constitutes 'proceeds' under Chapter59?

Explanation:
Proceeds are the gains from the crime—the money or property obtained as a result of the illegal activity. If illicit money is used to buy property, that asset is considered proceeds because it was acquired with funds tied to the crime. The contraband itself is the object of the offense, not the profit, so it isn’t treated as proceeds. So property purchased with contraband money fits the definition of proceeds under Chapter 59, while the contraband item itself does not.

Proceeds are the gains from the crime—the money or property obtained as a result of the illegal activity. If illicit money is used to buy property, that asset is considered proceeds because it was acquired with funds tied to the crime. The contraband itself is the object of the offense, not the profit, so it isn’t treated as proceeds. So property purchased with contraband money fits the definition of proceeds under Chapter 59, while the contraband item itself does not.

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