Montgomery County, Pennsylvania, Lawyer for Money Laundering Charges
Money laundering refers to the legitimation of the profits of criminal activity. Whether the crime involved theft, drug trafficking or embezzlement, making the proceeds of the criminal act appear to be the result of a noncriminal activity is essential to the success of a criminal enterprise. Hiding money is difficult; proving that it was hidden can be even more so, making it challenging for a prosecutor to build a strong money laundering case.
Despite such difficulties, prosecutors are eager to investigate and charge people whom they suspect of conducting money laundering operations. That makes it critical for persons who believe they are being investigated to retain an experienced criminal defense lawyer if they even suspect they are being investigated.
At the Philadelphia law firm of lawyer William Spade, clients find a defense attorney with experience as a prosecutor, law clerk and accomplished advocate. He uses his experience to build strong cases for clients charged with money laundering. Using his research skills, his ability to consult with highly qualified financial experts, and his willingness to spend the time required to develop a workable theory of the case, he seeks acquittals, alternative sentencing, reduced charges and dismissals for clients charged with money laundering.
To prove money laundering, the prosecution needs to demonstrate that:
- The defendant transferred illegally obtained funds into a bank or other financial institution.
- The defendant moved the funds between accounts or institutions to hide the money trail.
- The defendant adjusted a legitimate transaction to account for the illegally obtained money.
Money is often "cleaned," or laundered, by running it through cash businesses. However, although much is known about how money laundering can occur, proving this offense can be challenging for the state. This is especially true when a defense attorney is able to anticipate both the prosecution's case, and how the other side might respond to defense motions and arguments.
Contact a Philadelphia money laundering defense lawyer. Call attorney William Spade at 866-570-4171, toll free.
