New York City Money Laundering Defense Lawyers
Money Laundering is the practice of disguising illegally obtained funds as legal, by means of various financial transactions. Money laundering may be prosecuted on a state level, but in many cases, the federal government will initiate or take over an ongoing investigation or prosecution of cases involving money laundering.
Federal prosecutors have in their disposal several criminal statutes that criminalize activities considered to be money laundering.
The Money Laundering Control Act (18 U.S.C. §§ 1956 and 1957), the Patriot Act, and other statute are all aimed at prevention and aggressive prosecution of illegal business activities that constitute money laundering.
Federal money laundering case may involve several types:
- Cases involving forfeiture of businesses. .
- Cases filed under §§1956 and 1957 against individual defendants and business entities.
- Cases Involving Financial Crimes
- Receipt and Deposit Cases – cases where a person obtains proceeds from specified unlawful activity, which he has committed, and then deposits the proceeds into his own bank account.
Money laundering statutes are often linked with mail and wire fraud, narcotics violations, tax evasion and other financial crimes, customs violations, and conspiracy.
Money laundering is one of the most severely punished federal offenses. A conviction may mean asset forfeiture, hundreds of thousands of dollars in fines, and long prison terms. Federal prosecutors commit significant human and financial resources to investigating and prosecuting money laundering.
It takes much more than just any criminal defense attorney to defend a federal money laundering case. If you are the target of federal grand jury money laundering investigation in NYC, or have already been charged, you need to approach your defense extremely seriously. You need a legal team with enough resources and experience to stand up to the government.
The New York City money laundering defense attorneys with Joseph Potashnik and Associates PLLC have what it takes to build a defense of federal money laundering or any other financial criminal case – no matter how complex it is.
We understand the intricacies of complex federal statutes and know that sometimes legitimate business activities are presented by the government as illegal money laundering.
When you need to discuss your case with experienced Money Laundering Defense Attorneys in New York City, call us for a confidential consultation to see what we can do for you.
We represent clients in all New York and New Jersey state courts and in federal courts across the country – as well as international money laundering cases.
