Federal Money Laundering

Finding out you are being investigated for money laundering can make your heart skip a beat. Money laundering is a federal offense, which means the government is using its top resources to make a case against you. The US Department of the Treasury, the IRS, and ICE are just a few federal organizations dedicated to cracking down on money laundering. As soon as you discover that you are a suspect in a money laundering case, you need to take charge to protect your rights.

Money Laundering Basics

Money laundering is the willful act of disguising the origin of illegally-obtained wealth to make it seem like it came from a legitimate source. All money laundering charges fall under federal jurisdiction because illegally-obtained money winds up in the economy, which reaches across national and international borders. There are three stages to money laundering:

Placement

Money laundering attempts to hide the real source of the proceeds of criminal activity. Crimes like drug trafficking, prostitution, tax evasion, and others quickly generate mounds of cash. The parties who have accumulated this money need to filter it into the financial system; they must do so in a way that does not give away the manner in which they earned it. “Placement” occurs when the money passes through legitimate establishments and becomes part of the income those companies generate. These businesses can be anything as simple as a laundromat.

Layering

To properly conceal the source of illegal income, one must create layers upon layers of transactions to make it difficult to trace them all back to the source. Laundered money continually moves in and out of protective businesses through money orders, wire transfers, and other types of electronic funds transfer.

Integration

The last step in the laundering process is integration, which is when the illegal funds appear “clean” enough to make their way into the financial system. After it begins to look like the money was legally earned, it can be used to make real transactions. At this point, it’s often difficult to tell that the money was laundered.

Recent Case Result

Trafficking in 28 grams or more of Cocaine

Recently, The Umansky Law Firm defended a client charged with Trafficking in 28 grams or more of Cocaine as well as unlawful use of a two-way communication device. The sentence was reduced to a minimum mandatory senctence. To view more criminal defense cases, visit The Umansky Law Firm’s verdicts & settlements page.

Why am I a suspect in a money laundering investigation?

Most people associate money laundering with organized crime, and people who launder money are often tied to other forms of criminal activity. A person can get a hold of “dirty” money by partaking in many other illegal actions, including but not limited to:

 

  • Drug trafficking
  • Human/ sex trafficking
  • Prostitution
  • Embezzlement
  • Tax evasion
  • Terrorism-related activities
  • Identity theft and fraud

At times, a person may be indirectly involved in criminal activity tied to money laundering without his or her knowledge. People who frequently handle large sums of cash can often be suspected of laundering funds. Situations also occur in which a person — such as a banker or accountant — is forced to launder money on behalf of someone else. The person who cleans the money against his will may truly believe that he or his family will face significant harm if he refuses to commit the crime. A person who is under duress has no intent to do harm, but can easily be swept up by the investigation.

Money Laundering Defense Lawyers Take Charge of Your Federal Charges

The punishment for a federal crime extends far beyond those for state crimes. You could face decades in prison and fines in the hundreds of thousands of dollars. A money laundering sentence often correlates to the amount of money the defendant allegedly laundered.

You need attorney Brice Aikens on your side the moment you find out that you are under investigation by the FBI, IRS, ICE, or another government agency. Brice Aikens is a board-certified Orlando money laundering defense lawyer and a valuable member of The Umansky Law Firm. Call 407-228-3838 for a free consultation, chat with us online around-the-clock, or contact us online to set an appointment.

Recent Criminal
Case Results

Grand Theft ($300-$5000)

Nolle Prosequi-Case Dropped

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Nolle Prosequi - Case Dropped

CT- Driving under the influence car

Nolle Prosequi - Case Dropped

Grand Theft Third Degree

Adjudicated Guilty; One day jail/one day time serve; Restitution fees; Court Cost

Petit Theft < 300

We negotiated an agreement that entailed the State dropping the charge after our client completed a Pre-Trial Diversion Program. The Charge was dropped via a Nolle Prosequi.

Unlawful Speeding

Withhold of Adjudication; No points on license; Paid fine and clerk cost; 8 hour aggressive driver class; 90 days to satisfy fine and class

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No Information Notice - Charges Dropped

Attach Tag/Lic Plate To Unassigned Vehicle (M2)

Nolle Prosequi - Case Dropped

DUI with Minor In Car or BAL of .20 or Higher

Pled No Contest, 1 Year Probation, 10 day Car Impound, Community Service

Motion to Modify Probation

Motion Granted in 48 hours

Petit Theft

Adjudication Withheld, 4 Months probation, Costs/Fines, Impulse Control Class

Petit Theft of $100 or MORE (M1)

Nolle Prosequi

Refuse To Submit To DUI Test (M1)

Case Dropped

Battery on Law Enforcement Officer (F3); Disorderly Conduct (M2)

Nolle Prosequi - Case Dropped

Battery

Charges Dropped

Scheme to Defraud(F3); Grand Theft(F3)

Motion to Terminate Probation Granted

Unlawful Speed

Dismissed

Failed to Yield at Intersection

Not Guilty

Leave Scene Of A Crash W/Property Damage (M2)

Case Dropped

Motion to Modify and Impose a Withhold of Adjudication

Granted

Attempted Burglary of a Conveyance

Charges dropped

Possession of Cannabis (less than 20 grams)

Charges dropped

VOP for DUI

Reduced to reckless driving

Possession of Alcohol Under the Age of 21

Charges dropped

Driving Under the Influence

Reduced to Reckless Driving

Violation of Probation

Case Dismissed

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Injury Settlements

$125,000

Scooter Accident

$275,000

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$100,000

Car Accident

$300,000

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$100,000

Back Injury

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