Money Laundering is common. On September 1, 2017, the Department of Justice’s Criminal Division announced a major takedown of a global financial institution that is alleged to have laundered more than $4 billion in illicit proceeds for drug cartels and criminals around the world. As part of an ongoing investigation, federal agents executed search warrants at offices in New York City, London, Paris, and several other cities as well as seizing over 100 bank accounts from correspondent banks worldwide. The international investigation was led by U.S. law enforcement agencies with assistance from partners in Europe and Asia-Pacific countries including Australia, France, Italy, and Thailand among others. Hundreds of criminal charges were filed against dozens of individuals across three continents who allegedly participated in schemes to launder money using the U.S., Canadian, or European Union. White-Collar crimes are more common than you may believe in New Haven.
Money laundering is a criminal offense and is the process of making illegally-gained money look like it was obtained legally. It is a criminal offense in most countries, and anyone caught participating in laundering can face serious penalties.
In recent months, there have been several high-profile cases of white-collar crime in New Haven. These crimes have involved large sums of money, and the perpetrators could potentially be charged with laundering.
This is a serious white-collar crime that can have serious consequences for businesses and individuals. In New Haven, the state and federal governments are cracking down on laundering, and those caught engaging in this illegal activity could face steep penalties. If you’re facing charges, it’s important to consult with an experienced attorney who can help you build a defense. This is a complex crime, and there are many ways to get caught. Don’t try to fight these charges on your own – contact an attorney today.
It’s illegal to knowingly engage in the act of money laundering, which involves concealing the true source or ownership of illegally obtained funds. This crime carries serious consequences for anyone who has been charged with it, including jail time and fines up to $500,000. Money Laundering has been around for centuries and it shows no signs of going away anytime soon. In fact, experts estimate that in 2017 alone, over $2 trillion dollars were laundered through the U.S. These charges are complex to understand and even more difficult to prove in court because of their clandestine nature– but what does money laundering entail?
In order to launder funds from an illicit source, someone has to come into contact with them in some way or another– whether they’re directly transferring assets or providing services such as gambling or extortion. Essentially, when you have dirty money on your hands you need clean cash so that there can be no traceability back to where it came from.
Money laundering is a crime that can be very difficult to defend against. But there are some defenses you may want to consider if you have been accused of or charged with money laundering. One defense strategy for this type of crime is that the defendant was merely an innocent middleman for the transaction, but had no knowledge of what they were doing. Another possible defense could be that the funds were never actually laundered, but instead were sent overseas as part of an international business deal.
If you are accused of money laundering, it is important to seek the help of an experienced money laundering attorney. A qualified lawyer can help protect your rights and represent you in court. Don’t wait to contact a lawyer if you are accused of money laundering – time is of the essence! Call Rachel Mirsky for help: (203) 290-2779