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Orlando Criminal Attorney > Orlando Criminal Defense > Orlando Money Laundering Defense Lawyer

Orlando Money Laundering Defense Lawyer

Attorny O'MaraMoney laundering is the process of taking money earned through illegal acts, and filtering it through a legitimate business to make that money appear to be legitimate. As such, defendants are typically charged with more than one crime: the money laundering in addition to other crimes that were committed to earn the money in the first place.

Money laundering, under 18 U.S. Code § 1956, is a federal crime, and carries a penalty of 20 years in federal prison. Federal prosecutors typically strive for maximum sentences, and the chances of beating a federal offense in trial is very low. As such, you need the most experienced criminal defense lawyers on your side for a fighting chance. The Orlando money laundering defense lawyers O’Mara Law Firm has been practicing since 1982, and has the experience and knowledge necessary to either negotiate out of court for the best plea deal, or successfully defend you in the courtroom.

Penalties for Money Laundering

There are two statutes under which a defendant may be charged for money laundering. The first is 18 U.S. Code § 1956. Under this statute, a defendant is charged with using illegal funds to further a criminal activity. They face up to 20 years in federal prison for each money laundering offense. And, fines for money laundering can total up to $500,000, or twice the value of the transaction money that was being illegally laundered. The other federal statute, 18 U.S. Code § 1957, charged those with up to 10 years behind bars if they engage in a transaction of $10,000 or more when those funds were derived from certain types of crimes.

Illegal Foreign Transactions are a Form of Money Laundering

The amount of money laundered internationally is estimated to be between two and five percent of global gross domestic product (GDP), according to the United Nations Office of Drugs and Crimes. As such, the U.S. government cracks down on illegal foreign transactions, whether from inside the U.S. to another country, or from outside the U.S. to within. Not only is conducting or attempting to conduct an illegal money transaction considered an offense under the federal money laundering statute, but so too are the following acts:

  • Transporting or attempting to transport;
  • Transmitting or attempting to transmit; or
  • Transfering or attempting to transfer money or funds out of the country, or from outside of the country into the country, with a purpose of:
  • Concealing or disguising the nature, location, source, ownership, or the control of the proceeds; or
  • To avoid reporting the transaction under State or Federal law.

Call an Orlando Money Laundering Defense Lawyer Today for Help

If you are facing any type of money laundering charge, you need to call an experienced attorney immediately. Call the O’Mara Law Group as soon as you can at 407-413-882 to schedule a free consultation. Our attorneys have been representing clients in federal crime matters since 1982, and have the experience and clout to help set you free.

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