Money Laundering Defense in Chicago
Have you or someone you care about been accused of money laundering? It is important to know what the accusation means and what may happen to you. The federal crime of money laundering generally involves the attempt or process of making money derived from illegal means or “dirty” money appear legal or “clean.” Through the Bank Secrecy Act, Money Laundering Control Acts, the Anti-Drug Abuse Act, the Patriot Act, and the Intelligence Reform and Terrorism Prevention Act, the federal government has at its disposal a wide variety of laws and significant funds dedicated to the investigation and prosecution of federal money laundering crimes. If you have been charged with federal money laundering or any other white collar crime, you need an experienced money laundering lawyer immediately.
Generally, people are under investigation for money laundering charges related to drug activity, illegal gambling, and attempts to avoid payment of federal income taxes. In additional to the potential consequences for those underlying charges, an investigation or indictment for federal money laundering may lead to the risk of extended prison sentences. Prosecutions of federal money laundering crimes can also result in the seizure and possible forfeiture of money, houses and cars. Last year, United States prosecutors obtained almost 900 money laundering convictions, with an average prison sentence of six years. Don’t become a victim of these harsh federal money laundering statutes and sentences.
Federal Money Laundering Defense Attorney
At the Law Offices of Michael P. Schmiege, we are experienced in defending individuals who find themselves being investigated or prosecuted for federal money laundering crimes. We have successfully obtained dismissals of money laundering charges and the return of property seized as part of money laundering investigations. Our attorneys possess the necessary skills and knowledge to successfully defend individuals facing federal money laundering charges. Unless you retain counsel who will aggressively investigate the matter on your behalf, you may have a poor chance of avoiding a lengthy prison term among other severe consequences. Call a Chicago criminal defense attorney as soon after the arrest as possible and before you speak to the police.
Contact a Chicago criminal defense lawyer from the Law Offices of Michael P. Schmiege at once if you have been charged with or are being investigated for money laundering.