Los Angeles Money Laundering Defense Attorney

Money Laundering Defense Lawyer in Los Angeles

In 1986 a law was enacted by Congress called the "Money Laundering Crimes Act".  This act had the purpose of making it a federal crime to conduct financial transactions with income that was generated from unlawful activities.  This act was originally created due to the huge amounts of money that drug traffickers were using to transact business.  The result of this statute in present time is that you can be charged with money laundering whether drugs are found in your possession or not.

Charged with Money Laundering in Los Angeles?

The law is now used when any transaction takes place with income that comes from any illegal activity.  This could be in relation to the offenses under Racketeer Influenced and Corrupt Organization (RICO) Act.  There are more than 45 offenses that are listed under RICO that could lead to money laundering charges.  If you are facing this very serious charge it is crucial that you contact a Los Angeles money laundering defense attorney to immediately begin the actions necessary for a powerful defense.  At the Law Offices of Michael Severo, the legal team is prepared to move forward in defending money laundering charges for clients in the Los Angeles area.  The penalties you will face if convicted are of concern; they will be based upon the amount of money that was involved in the transaction.  It is not likely that probation would be allowed by the court unless the money involved is less than $10,000. 

As money laundering is complex to prove in court, there must be a complete analysis of all financial transactions involved, including securities, banking, real estate and other transactions.  With a thorough analysis done by a criminal defense attorney familiar with these charges, you increase the likelihood of a better outcome on your case.  The ability to understand these complex cases is essential when preparing an effective defense for the client.  The legal team at the Law Offices of Michael Severo is experienced and familiar with the defense of money laundering cases and dealing with federal court.  Your best interests will be served by contacting the firm immediately if you are facing any money laundering charges.  The firm has helped clients with these charges since 1986 when the statute was passed.