Money laundering is most often associated with organized crime and racketeering charges so please see our articles that discuss those charges as well if you or someone you know has been charged with these crimes. In general, money laundering is done through sometimes multiple financial transactions in order to hide criminal activity. There are many policies in place to attempt to detect this sort of activity, such as limits on cash deposits and withdrawals at banks that required reporting to the government. Typically, criminal organizations rely on money laundering to hide the location, ownership, control or source of the funds as well as the overall proceeds acquired by the criminal organization. Once the laundering has been accomplished by the involved parties, it is written off as legitimate business and can then be undetectable.
A person who has been charged with money laundering is supposedly known to be guilty of knowing that the property involved in one or more financial transactions represents the proceeds of criminal conduct. We say supposedly know because the guilt must be proven, and our experienced team of New York criminal attorneys can work with you and the evidence presented to achieve the best possible disposition in relation to these charges. If those financial transactions that have been conducted, do in fact, involve the proceeds of specified criminal conduct with intent to conceal or disguise the nature, location, ownership, control, or course of the proceeds of criminal conduct, avoid reporting requirements imposed by law, or promote the carrying on of criminal conduct or conduct constituting a felony, they can be charged with money laundering.
The conduct mentioned that constitutes a felony is rather comprehensive and is detailed in four different sections of the penal law, but our office is well versed and ready to work with you on navigating the complex legal issues surrounding these charges. Our team at Tilem & Associates have handled cases where the defendant was charged with money laundering and through knowledge of the complex laws that deal with money laundering as well as the many years of experience each of our attorneys has, we are confident that through our actions and client cooperation, the best possible disposition can be achieved.
It is important to note that there are multiple defenses available to those who have been charged with money laundering, and our experienced team of New York criminal attorneys know which defenses are available to use depending on your charges. For example, one such defense is that the person carrying out the transactions lacked the intent of knowledge specified by the law to be charged with the crime. If not handled correctly, these charges can result in 4 to 25 years in prison, depending on the amount involved. You deserve the best working for you, which is why you should call Tilem & Associates now to allow us to handle this case for you and work on obtaining the best possible result, despite the serious charges being brought against you.