Money laundering is a serious federal offense that involves concealing the origins of illegally obtained funds to make them appear legitimate. If you’re facing federal money laundering charges, you need a robust legal defense to protect your rights and minimize the potential consequences. At LibertyBell Law Group, we specialize in defending clients against complex financial crime allegations, including money laundering.
What Is Money Laundering?
Money laundering typically involves three stages:
- Placement: Introducing illegal funds into the financial system, often through deposits or purchases.
- Layering: Creating a complex web of transactions to obscure the source of the funds.
- Integration: Returning the funds to the individual in a way that appears legitimate, such as through business investments or real estate.
Common activities associated with money laundering include:
- Using offshore accounts
- Setting up shell companies
- Structuring deposits to avoid reporting thresholds
- Buying high-value assets like cars, art, or real estate
Learn more about our expertise in financial crime defense.
Federal Money Laundering Laws and Penalties
Federal money laundering is prosecuted under statutes such as the Bank Secrecy Act and the Money Laundering Control Act. Penalties for conviction include:
- Prison Time: Sentences of up to 20 years for each count.
- Fines: Fines may reach $500,000 or double the value of the funds involved, whichever is greater.
- Asset Forfeiture: Seizure of property, bank accounts, and other assets linked to the alleged crime.
Money laundering is often charged alongside other crimes, such as fraud, drug trafficking, or tax evasion, which can lead to additional penalties.
Defenses Against Federal Money Laundering Charges
At LibertyBell Law Group, we craft tailored defense strategies to address the specifics of each case. Common defenses include:
1. Lack of Intent
Prosecutors must prove that you knowingly participated in money laundering. If we can show that you were unaware of the illegal origins of the funds, the charges may not hold.
2. Insufficient Evidence
Money laundering cases rely on extensive financial documentation and transaction records. We carefully review this evidence for gaps, inconsistencies, or procedural errors.
3. Coercion or Duress
In some cases, individuals may be forced into money laundering activities under threat or coercion. Proving duress can be a strong defense.
4. Violations of Rights
If law enforcement violated your constitutional rights during the investigation—such as conducting illegal searches or seizures—we can move to suppress the evidence.
Speak with our legal team today about your defense options.
Case Study: Securing a Dismissal in a Money Laundering Case
A recent client, a small business owner, was accused of laundering funds linked to an international fraud scheme. The prosecution’s case relied on vague transaction records and testimony from a cooperating witness. By demonstrating that the client’s business practices were legitimate and exposing inconsistencies in the witness’s story, our attorneys achieved a dismissal of all charges.
What to Do If You’re Accused of Money Laundering
If you’re facing money laundering allegations, take these steps immediately:
- Exercise Your Right to Remain Silent: Do not discuss the case with investigators without an attorney present.
- Preserve Financial Records: Collect bank statements, receipts, and other documents that may support your defense.
- Contact an Experienced Attorney: Call LibertyBell Law Group to begin building your defense.
Why Choose LibertyBell Law Group?
At LibertyBell Law Group, we are dedicated to providing aggressive, results-driven representation for clients facing financial crime charges. Here’s what sets us apart:
- Decades of Experience: A proven track record in defending high-profile federal cases.
- Expert Resources: Access to forensic accountants, financial analysts, and investigators.
- Personalized Defense Strategies: Tailored approaches designed to achieve the best outcome for your unique situation.
- Relentless Advocacy: We fight tirelessly to protect your rights and reputation.
Read about our case successes and learn how we can help you.
Conclusion
Facing federal money laundering charges can be overwhelming, but with the right legal team, you can build a strong defense and protect your future. At LibertyBell Law Group, we are committed to guiding you through every step of the legal process and fighting for the best possible outcome.
Don’t wait—contact us today at (877) 545-3517 for a free consultation. Let us help you take control of your case and protect your rights.
