Translated into meaningful terms, the statistics recite that, of the 679* money laundering sentences meted out in Fiscal Year 2017, 339 of those sentences were for less than 18 months. The 33 month average comes from the fact that a very few of those sentences were for a lot of prison time, but one half of those sentenced received a short sentence.
Remember, the maximum sentence for violation of the Money Laundering Control Act of 1986 is twenty years, and inmates must serve 85% of that, since Parole was abolished under the Sentencing Reform Act of 1984. When a Federal Judge gives a convicted money launderer a year in prison, neither effective deterrence to others, nor sufficient punishment, is accomplished. Such sentences put the money launderer back on the street far to soon to completely deter him from considering subsequent criminal activity. They also will not frighten off others who might be considering such actions. Sentencing must be more strict, if judges really want to take a bite out of money laundering crime.
Whether only 679 Federal convictions for money laundering, in a one year period is inadequate is beyond the scope of this article, but it is food for thought.
* We cannot determine how many sentences were pronounced after a trial, and how many were plea agreements.