Money laundering is considered a white collar crime. It’s one of the more well-known crimes, along with bank fraud and counterfeiting. Although money laundering is something most people know and understand, this doesn’t make the penalties any less severe if you are charged and convicted. You’ll face prison time, fines and restitution, and a criminal record that will complicate your future. Securing an aggressive defense to protect your rights after being charged with money laundering is crucial and can impact the final outcome of your case.

 

No Intent = Not Guilty

 

If you can prove to the court that you did not intend to launder money, you are much more likely to be exonerated of the crime. That’s because this type of crime is considered intent-specific. If there was no intent, it would simply be unjust to still hold the accused responsible for the crime. Your next step is to examine and obtain evidence that proves you did not have any intent to engage in money laundering, such as if you received laundered money that you were unaware came from an illegal source.

 

Not Enough Evidence = No Conviction

 

It’s very difficult to convict a person accused of a crime if there is not enough evidence to prove that person committed the crime. As far as money laundering is concerned, one of the most critical pieces of evidence is where the money actually came from. For example, prosecutors would need to bring evidence before the court that not only shows the origin of the funds but also establishes that the origin was from an illegal activity. If prosecutors are unable to do so, your attorney may be able argue that the charges against you should be dropped.

 

Under Duress = Another Perpetrator

 

In many cases of money laundering, a person only commits the crime in order to protect themselves or their family. If someone else threatened you or your loved ones with harm or you had reason to believe that you or your family would be in danger if you did not go through with money laundering, you may be able to show the court that you only committed the crime under duress and that another perpetrator was involved.

 

Contact Schwartz & Krysinski, LLP Today

 

Money laundering is a federal crime and is not well tolerated by the state of New York. It’s in your best interest to consult with an experienced criminal defense lawyer as soon as you are charged or even if you are simply being investigated in order to fully protect your rights under the law. Call us for a consultation today at 718-208-6094.