AML Law is very closely related to money laundering. For more information on AML law, click here
Money Laundering Definition
Money laundering is a very serious white-collar crime that involves concealing the origins of money from illegal activities and corruption into ostensibly “legitimate” assets. Money laundering charges are usually prosecuted in federal courts as violations of 18 U.S.C. § 1956 and/or 18 U.S.C. § 1957. A conviction under 18 U.S.C. § 1956 can result in a sentence of up to 20 years in prison.
Charges and Penalties
Money laundering charges are often brought along with other, serious federal charges like racketeering, embezzlement, wire fraud, mail fraud and/or bank fraud.
Money laundering is a specific intent crime. Money Laundering charges are often defended by saying the source of the money was legal, the person accused had no specific knowledge the money was illegally obtained and/or the money was not concealed.
Money Laundering Lawyers & Attorneys
Whether you want to go to trial or want a quiet settlement, you need a lawyer with the knowledge and experience to help you fight for the best possible outcome in your case. Having a lawyer before you talk to a police officer or federal agent is one of your rights as an American and it is wise to talk with a lawyer before you try to “go it alone” against powerful and experienced opposing forces. Lawyers at Gaskins Bennett & Birrell have handled many complex cases involving unique legal and factual issues. Effective lawyers have to have a savvy understanding of these issues and a determination to wade through the facts and tell your side of the story.
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Have you been charged with money laundering?
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A highly respected, trial-focused law firm, our members include three attorneys elected to membership in the American College of Trial Lawyers, and numerous attorneys designated “Super Lawyers” or “Rising Stars” by Minnesota Law & Politics magazine. We have decades of trial and appellate experience, and the good judgment such experience brings.
Our Attorneys are resourceful, tough, and committed to our clients’ interests, and we have the ability to keep the orders, verdicts and judgments we obtain on appeal.
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