Money Laundering in New York City
What constitutes money laundering?
Money laundering, as described in New York Penal Code Article 470, is a
white collar crime that constitutes the unlawful disguising of money to make it appear as
if it came from a legal source. Often, people launder money because it
would connect them to criminal activities and they would be indicted if
authorities knew where its origins. In 2001, almost 900 people were convicted
by the US government for money laundering. Some attribute this to the
rise of globalism, as the bank secrecy laws of some countries make it
very difficult to discern from where money has come.
The consequences for money laundering can be very stiff, depending on the
amount, incurring a Class B felony sentence with up to 25 years in prison
for the most serious charges. A New York City white collar criminal attorney
from the Law Offices of Daniel A. Hochheiser can help you face your charges
to get them reduced or dropped. Our legal team has almost than half a
century of combined experience in various money laundering cases, so there
aren't any cases too difficult for us to handle.
Can my laundering charges be dismissed?
Though it is tough to get money laundering charges dropped, there are some
ways that lawyers typically defend against it. They can prove that:
- You didn't intend to support or carry out wrongful action.
- You did know the source or nature of the money.
- You didn't intend to hide or disguise the source of the money or anything
else that was gained by criminal conduct.
- The police tried to entrap you.
Though these strategies are a jumping off point for lawyers, they are by
no means comprehensive. After meeting with a NYC money laundering lawyer
from our firm, they will be better able to determine how you can be best
served in your specific situation. Our legal team will ensure that you
get the personalized attention you need for your case.
Get in Touch with Our Firm
In addition to money laundering charges, our law firm defends a variety
of white collar crime offenses, including
racketeering, mortgage fraud and more. It is important to get legal help as soon as
possible when facing white collar crime charges such as money laundering;
a federal agency may be investigating the charges against you.
We can help protect your rights and defend your case if you come to us
as soon as possible. The more time you give your attorney to collect evidence
for your case, the better chance you may have of finding a favorable outcome
in your criminal case. Make sure your rights are protected by
contacting a criminal lawyer from the Law Offices of Daniel A. Hochheiser immediately following an
arrest! We'll handle your case no matter where you are located in
New York City, including White Plains, New Rochelle, Yonkers, or a nearby area.