Money laundering is a criminal offense that, in the past, was commonly associated with organized crime. Today, money laundering is often related to white collar criminal activities, including public corruption, embezzlement, and organized fraud.
Money laundering, simply defined, is the act of giving unlawfully obtained funds the appearance of having come from legitimate sources, usually through a series of financial transactions.
Sometimes the transactions may be obvious and simple, often they are complex and intricate.
Money laundering is often addressed in federal court, where increased penalties and mandatory minimum sentences are far more likely to be imposed.
Along with criminal charges, the government will also aggressively pursue the forfeiture of funds perceived to be connected with money laundering. An equally aggressive defense is important.
We've been protecting clients facing Money Laundering investigations and prosecutions for more than 25 years.