Cape Cod Money Laundering Defense Lawyer

The practice of manipulating ill-gotten funds in such a way that they are made to appear legitimate is known as “money laundering”, and is a federal crime in the United States. The federal government and IRS are extremely thorough in their investigations of the cash transactions that businesses conduct, as it can be a useful tool in identifying both large and small scale criminal operations.

Unfortunately, this diligence can lead to inaccurate accusations of money laundering when legitimate transactions are improperly documented or conducted in ways investigators deem suspicious. If you are facing federal money laundering charges, it is imperative that you seek skilled and experienced legal counsel to help protect your rights and interests. Contact Cape Cod money laundering defense attorney James Powderly at 508-343-0676 to schedule a consultation in which you can discuss the details of your case.

Forms of Money Laundering

There are various methods of attempting to make illegally obtained money appear legitimate, such as:

  • Breaking large sums into smaller deposits to avoid suspicion of wrongdoing.
  • Removing cash to another jurisdiction, such as an off-shore bank.
  • Purchasing goods with a check in excessive of the proper amount due, and receiving the overflow back.
  • Creating trusts or shell companies in order to disguise the true owner of the money.
  • Purchasing casino chips with illegally obtained money, and later cashing them in for a check.
  • Mixing criminally obtained cash in with legitimate business deposits, and claiming them all as legitimate.

These are just a few examples of the many known methods of concealing criminally derived cash.

Contact Us

Money laundering is a federal crime, and a conviction will result in significant jail time and fines of up to $10,000. Contact experienced and skilled Cape Cod money laundering defense lawyer James Powderly by calling 508-343-0676 to learn more about how a capable criminal defense attorney can help defend your right if you are currently facing money laundering charges.

Interview with a Former DUI Client