Los Angeles Money Laundering Attorney
Federal Crime Defense Lawyers in Los Angeles
Money laundering is a complex and often time-consuming federal offense
which involves taking money which was illegally obtained, or obtained
from an illegal source, and making it appear as though the source was
legitimate. This may be conducted through a series of complex financial
transactions and transfers. A federal crime punishable by imprisonment
and heavy fines, money laundering charges require the defense of a skilled
federal criminal attorney if a defendant will have even a chance of avoiding
A Los Angeles money laundering defense lawyer at Okabe & Haushalter
may be able to help you if you are facing charges involving this crime.
Although money laundering, in the past, usually referred exclusively to
organized crime operations, it often applies to businesses and individuals as well.
What is Money Laundering?
Money laundering consists of three steps:
Placement is considered the most dangerous step of money laundering. It consists
of getting the money into a financial institution and is the initial point
of entry in a money laundering operation.
Layering consists of a number of complex financial transactions which are used to
conceal the paper trail from the entry point to the end of the laundering process.
Integration, also referred to as “cleaning”, is the final step of the
process, which involves introducing the money back into society. This
is accomplished often by concealing the money in a legitimate financial
transaction, such as over invoicing in the case of a money laundering
operation conducted in a business.
Why a Los Angeles Money Laundering Attorney?
Consult a Los Angeles money laundering defense attorney if you or someone
you know has been accused of money laundering. These federal charges often
involve involvement by large federal agencies that have the resources
and manpower to conduct a lengthy
investigation and gather extensive evidence against you. By working with a federal defense
attorney as soon as possible, you can help to guarantee a better result
for your case, rather than waiting too long to hire a lawyer.
Facing charges involving money laundering?
Contact a Los Angeles money laundering defense lawyer today!