Top Garden City, NY Money Laundering Lawyers Near You
Experience Matters When So Much Is On The Line. Representing Clients In All States For Federal Criminal Defense
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Unparalleled Experience and a Tradition of Winning Appeals! Selected to SUPER LAWYERS & Rated AV-PREEMINENT. Contact Us TODAY for a FREE CONSULTATION!
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Our nationwide team of defense lawyers includes a former U.S. Attorney, four former Federal Prosecutors, two former FBI agents and two former Army JAGS.
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Experienced, relentless defense attorney specializing in Federal crimes. 28 years of strategic defense protecting your rights.
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Fed Trouble? Free Consult. Former Prosecutor & Team Former Federal Agents. Call/Text 24/7. Immediate Response Guaranteed!
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123-60 83rd Avenue, Suite 1T, Kew Gardens, NY 11415
Law Office of Luke Scardigno helps clients in the Garden City area handle cases involving Money Laundering.
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114 Old Country Rd., Suite 212, Mineola, NY 11501
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Assisting people in New York with their Money Laundering needs. Learn More.
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16 Court Street, Suite 3500, Brooklyn, NY 11241
Getting legal representation for your Money Laundering issue is easier than you think. Let Law Offices of Samuel Gregory P.C. in Garden City, New York help you today.
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176 Lexington Ave, Suite O, New York, NY 10016
445 Park Avenue, Ninth Floor, New York, NY 10022
450 7th Ave, Suite 408, New York, NY 10123
7 Times Sq, 44th Floor, New York, NY 10036
45 Rockefeller Plaza, New York, NY 10111-0100
290 Broadhollow Road, Suite 305, Melville, NY 11747
136-18 39th Ave, 8th FL, Flushing, NY 11354
950 Third Ave, Suite 2400, New York, NY 10022
1177 Avenue of the Americas, 41st Floor, New York, NY 10036-2714
1211 6th Ave, 26th Floor, New York, NY 10036
875 3rd Ave, 21st Floor, New York, NY 10022
299 Broadway, Suite 1400, New York, NY 10007
479 Merrick Rd., Lynbrook, NY 11563-2405
910 Franklin Ave, Garden City, NY 11530
666 Old Country Rd., Suite 602, Garden City, NY 11530
200 Park Avenue, New York, NY 10166
601 Lexington Avenue, New York, NY 10022
485 Lexington Ave, Suite 1001, New York, NY 10017
909 Third Avenue, 27th Floor, New York, NY 10022
275 Broadhollow Rd, Suite 300, Melville, NY 11747
600 Third Avenue, 25th Floor, New York, NY 10016
1185 Avenue of the Americas, Suite 3400, New York, NY 10036-4003
Garden City Money Laundering Information
Lead Counsel independently verifies Money Laundering attorneys in Garden City and checks their standing with New York bar associations.
Our Verification Process and Criteria
Ample Experience
Attorneys must meet stringent qualifications and prove they practice in the area of law they’re verified in.Good Standing
Be in good standing with their bar associations and maintain a clean disciplinary record.Annual Review
Submit to an annual review to retain their Lead Counsel Verified status.Client Commitment
Pledge to follow the highest quality client service and ethical standards.
What Is Money Laundering?
Money laundering generally involves processing money gained from unlawful activity to make it appear legitimate. By passing criminal gains through a series of transactions, the money does not appear to be directly traced to the criminal activity. Money laundering can come from a variety of unlawful sources, including illegal gambling, drug trafficking, or terrorist activities.
Dealing with large amounts of money can raise red flags and alert law enforcement. There are financial reporting requirements when someone withdraws or deposits more than a certain amount of money. When large amounts of money are used to transfer through banks, buy a car, or invest in a building project, the IRS may want to know if tax has been paid on that money and the justice department may want to know the source of that income.
How Does Money Laundering Work?
Money laundering generally goes through a 3-step process of placement, layering, and integration.
In the first step, the criminal source of income is deposited into the financial system through a deposit, transportation of cash, or change in currency.
In the second step, layering, the criminal proceeds are concealed through withdrawals, transfers, or deposits in other accounts.
In the third step, integration, the money appears to have a legitimate source through creating fake loan documents, hiding the ownership of the funds, or using the money in 3rd party transactions.
What Is an Example of Money Laundering?
A drug dealer has made a lot of money and wants to conceal the illegal source of the “dirty money.” The dealer’s friend buys a laundromat and the dealer’s money is invested in the business to buy equipment, advertising, supplies, and pay for employees. The laundromat has a few actual customers and appears to be a legitimate business. The dealer’s money is commingled with the business income to make it appear like the business is very profitable. The money can now be deposited in a bank as income from a laundromat instead of as drug money.
Is Money Laundering a Federal Crime?
Money laundering can be a state criminal charge or a federal offense. When money laundering involves a flow of resources to and from federal crimes or passes through interstate commerce, it can be charged as a federal crime. Under 18 U.S. Code § 1956, it is a crime to participate in money laundering knowing the transaction is designed to conceal the nature, location, source, ownership, or control of the proceeds.
What Is the Punishment for Money Laundering?
The criminal penalties for a money laundering offense can be severe. Anyone involved in a money laundering scheme can be charged, even if they did not directly participate in the unlawful source of the money. A conviction for money laundering includes a prison sentence of up to 20 years and a fine of up to $500,000, or double the value of the property involved in the financial transactions. For example, the penalties for money laundering $1 million in unlawful gains could include a fine of up to $2 million.
There are also civil fines associated with money laundering. Whoever conducts or attempts to conduct a money laundering transaction is liable to the United States for a penalty of the value of property, funds, or monetary instruments involved in the transaction.
Money laundering usually involves some underlying criminal activity. Participating in money laundering may also carry related criminal charges, including bank fraud, securities fraud, racketeering, tax fraud, mortgage fraud, health care fraud, mail fraud, or other white-collar crime.
What Are Potential Defenses to Money Laundering?
Money laundering can be a complicated process. Laundering transactions can involve multiple shell companies, bank accounts, and account holders. In some cases, identity theft can be used to make it appear like an innocent person is involved. It may be a compelling defense to money laundering charges if the defendant did not have knowledge of the illegal activity or did not know the transaction was to conceal the nature or original source of the proceeds.
Do You Really Need a Money Laundering Defense Lawyer?
When accused of a money laundering charge, where do you turn for help? Even before criminal charges are ever filed, during a federal level investigation for money laundering, you may want to think about contacting a criminal lawyer. Money laundering cases can be complex and may require an experienced money laundering attorney to build a strong defense. A criminal defense attorney can review the criminal record, identify weaknesses in the prosecutor’s case, and defend you in court. Criminal defense lawyers may also be instrumental in negotiating a plea agreement to have your charges reduced or avoid additional criminal charges.