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Money Laundering

No matter what type of criminal charges you may be faced with, I can defend your rights and your future.

Attorney Peter Katz

Money Laundering Lawyer In Princeton, NJ

Money laundering is a significant criminal offense with harsh penalties like lengthy prison terms and hefty fines. If you or someone you know is faced with a money laundering allegation or charge, having experienced legal counsel advocate on your behalf can make a meaningful difference in the courtroom.

Money laundering occurs when someone makes large amounts of money (also known as “dirty money”) from criminal activity and then attempts to hide or conceal the source, amount or destination of the funds. Examples of criminal activity include drug trafficking and embezzlement. The point of concealing the true origins of the money is to make it appear to authorities that the money came from lawful sources.

A money laundering conviction can bring significant penalties. At the Law Offices of Peter Katz, I offer a free consultation to help those charged understand their rights and options. Call me, attorney Peter Katz, at 609-734-4380 to arrange a meeting.

The Money Laundering Cycle

The three stages of money laundering are placement, layering and integration, which involve the following:

Other charges can be brought in relation to money laundering, such as mail or bank fraud.

Three Money Laundering Definitions

Some helpful money laundering definitions are:

If funds were transferred or interstate or international communication happened that allowed or facilitated money laundering, related charges such as wire fraud may also be introduced to your case.

Relevant Money Laundering Statutes

The two primary money laundering statutes are Title 18 U.S.C. Sections 1956 and 1957:

In many cases, money laundering charges also engender other charges – often conspiracy – even if a crime was not committed.

Money Laundering Penalties

One facing a money laundering charge risks a lengthy federal prison sentence and the need to pay significant amounts of money in restitution. A conviction under Title 18 U.S.C Section 1956 comes with a possible prison term of 20 years and/or a fine of up to $500,000 or twice the value of the money that was laundered, whichever is greater. A conviction under Title 18 U.S.C. Section 1957 carries a sentence of up to 10 years in federal prison.

The possibility of going to prison and having a criminal record can have significant ramifications on one’s reputation and livelihood. Not only does a money laundering conviction carry with it a stigma of being a federal felon, but it can affect other aspects of your life, like revocation of professional licenses and, if you are a non-U.S. citizen, deportation.

Get Proven, Agile Representation And Guidance

During my nearly 30 years in law, I have worked as both a prosecutor and as a defense attorney. I understand what these white collar cases entail and the effective defense strategies that are needed. I know what is at stake for you, your career and your family, so I focus my efforts on your case and the outcome. Call me at my firm, the Law Offices of Peter Katz, at 609-734-4380 or contact me online to begin preparing your defense today. I help clients in both New York and New Jersey.

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