Money laundering is recognized as a complex process of concealing the origins and destinations of illegally obtained funds by way of criminal conduct through a series of bank transfers or commercial transactions to establish a sense of legitimacy. This intentionally transforms ill-gotten gains into legitimate money or other assets.
Money that has been acquired through criminal activity such as illegal gambling, drug trafficking, extortion, or insider trading is considered to be “dirty” and must therefore be “cleaned” through various legitimate transactions before it can be deposited without arousing suspicion.
If you have been arrested for money laundering or if you are under investigation, seek representation from LaHood Norton Law Group. Our money laundering attorneys San Antonio, TX take these cases seriously and understand that your future is on the line. Let us craft an effective defense on your behalf.
Considered to be a serious crime, money laundering is almost always charged as a felony offense. Felony convictions carry a minimum prison sentence of up to one year. Repeat offenders involved in the activities of a criminal enterprise or in association with terrorist activities can face a prison sentence of 35 years or longer. In addition to serving time in prison, a federal conviction can result in fines up to $500,000 or double the amount of money that was laundered, whichever is higher.
If you find yourself charged with money laundering, it is important to seek counsel from an experienced criminal defense lawyer, as federal and state money laundering laws can vary significantly. Our attorneys can assess the circumstances of the allegations against you and determine how best to proceed. We have over 70 years of combined experience building airtight defense strategies on behalf of the criminally accused.