Beverly Hills Money Laundering Lawyer

Beverly Hills Money Laundering Attorney

Most of us have heard the term money laundering before, but for the most part, this crime and the legal proceedings surrounding its convictions remain a mystery. The reality is that federal money laundering is a serious charge and not one that should be faced alone. Retaining legal counsel from an experienced Beverly Hills money laundering lawyer is important in order to determine your options and protect your rights as an individual or business facing these charges.

If you or a loved one discovers they are being charged with allegations of money laundering, attorneys can review the details of these allegations and assess the solidity of the case being brought against you. From there, a lawyer can help you navigate the investigation and the litigation that follows.

You may be feeling overwhelmed as you face these charges, which is why it’s essential you understand the intricacies that go into federal financial crimes, such as money laundering.

Defining Money Laundering in California

Under a definition by the U.S. Treasury Department’s Financial Crimes Enforcement Network, money laundering is disguising financial assets in order to use them without any detection of their illegal nature. Money laundering involves disguising the origin of illegally obtained money by transferring it to legitimate businesses. This activity aims to make the money appear as if it came from a legitimate source.

The process usually involves multiple steps to obscure the trail of the illicit funds, making it difficult for authorities to detect and trace the original source of the money. Money laundering tends to involve a process consisting of three steps. These steps include:

• Placement: in which the funds of an illicit or illegal nature are put into the financial system.
• Layering: in which funds are hidden via a series of different transactions.
• Integration: in which the funds are re-entered into the economy and appear legitimate.

Money laundering often requires an individual or business to receive the funds or engage in a transaction of funds that come from the sale or distribution of a controlled or illegal substance. That same individual or business receives the funds with the intention to disguise the ownership, location, or source of said funds.

There are certain crimes that may be associated with the crime of money laundering that could require additional representation from a defense law firm. These crimes include the sale and transportation of methamphetamine, the sale and transportation of a controlled substance, or the sale of synthetic substances.

When it comes to the penalties and punishments involved in money laundering cases, they are highly dependent on the amount of funds that have been laundered. Oftentimes, these penalties and punishments carry lengthy and extensive federal prison or county jail time and hefty fines.

How the Law Offices of Marc S. Nurik Can Help

With more than 40 years of experience defending those charged with white collar crimes such as fraud or money laundering, attorney Marc S. Nurik understands the intricacies and nuances of the laws surrounding money laundering allegations. Your future and livelihood are at stake, and at the Law Offices of Marc S. Nurik, we take that seriously.

We understand that these situations can bring about stress and financial strain and know that you deserve representation that can skillfully determine the correct course of action to take in building a solid defense that can stand up to prosecution.

Common Defenses for Money Laundering Charges in California

At the Law Offices of Marc S. Nurik, the team has the experience and knowledge necessary to determine and deploy the correct defense for your unique case. Common defense strategies that can be used in a money laundering case may include the following:

• You had no criminal intent to launder money and had no intention of disguising the funds or their source.
• You had no knowledge that illegal activity is what created the funds, even if every other element for conviction is met.
• The amount of money that was laundered was less than the law requires for a conviction.
• The law enforcement personnel violated your constitutional rights.

FAQs

Q: Can Individuals Be Held Liable for Unknowingly Participating in Money Laundering?

A: The reality is that, yes, as an individual, even if you are unknowingly participating in money laundering, you can be held liable for the crime. This is known as being a “money mule,” and you can be prosecuted and incarcerated if proven–even unknowingly–as being involved in a money laundering crime.

Q: What Is the Statute of Limitations on Money Laundering in California?

A: Under federal law, the statute of limitations for all money laundering crimes is typically five years, which means the government has five years to bring charges against an individual or business for money laundering from the date the crime was allegedly committed.

Q: How Do the Courts Prosecute Money Laundering?

A: Typically, the courts prosecute money laundering on the basis of circumstantial evidence. To prove a money laundering charge, the government must show that an agreement was made to launder the money. Even if the crime itself was not carried out, it is enough to convict if it can be proven there was an intent to commit the crime.

Q: Is Money Laundering a Serious Charge?

A: Yes, under federal and state law, money laundering is a serious charge. In many cases, money laundering charges can come along with several other federal crime charges that are associated with organized crime cases. It can usually result in lengthy prison time and hefty fines if an individual is convicted.

Contact an Experienced Beverly Hills Money Laundering Lawyer Today

If you are facing charges of money laundering in Beverly Hills, you need experienced and skilled attorneys at your side. The team at the Law Offices of Marc S. Nurik provides this necessary counsel and representation with compassion and the attention to detail your case deserves. Under his representation, you can feel confident that he will help you develop a strong defense.

Contact our offices today to see how attorney Marc S. Nurik can help you determine the right course of action regarding any allegations of federal money laundering.