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Money Laundering

New York City Money Laundering Attorneys

New York's Money Laundering Laws

New York law considers money laundering a serious offense. Regardless of the reasons that the money laundering took place, it can incur penalties which will have an impact on your future. The penalties that you may be facing depend on the size of the transactions made.

If you're being accused of money laundering, it is important to seek counsel from experienced attorneys. At The Law Offices of Goldman & Associates, we have handled criminal cases for over 30 years. We are attentive to each unique detail of every case and can represent you aggressively in court. Our attorneys will work tirelessly to achieve the best possible outcome for your case.

Contact us today to schedule your free consultation!

What Are the Penalties for Money Laundering in NY?

Money laundering typically occurs to hide the source of ownership of money obtained through illicit conduct. In accordance with New York laws, financial transactions include all deposits, payments, loans, wire transfers, and currency exchanges. It's important to note that even if a bank or outside financial group was involved, it is still considered illegal.

Penalties for money laundering include:

  • A possible felony conviction
  • Imprisonment for up to 25 years
  • Fines equaling up to two times the amount that was laundered
  • New York's penalties increase in severity as the money increases, specifically in amounts of $5,000, $50,000, $100,000, and $1 million.

The Law Offices of Goldman & Associates Money Laundering Defense

Without a tight defense, you could find yourself facing penalties that affect future jobs, relationships, and living situations. Our firm is committed to doing all that we can to give you a positive future. We provide 24/7 availability to all of our clients and possess a comprehensive understanding of both state and federal systems. By hiring our criminal defense attorneys, you will get personalized support, attention, and advice throughout the process. Put your trust in our capable hands!

When working with attorneys to fight your money laundering charges, there are several different defenses you can claim to avoid harsher charges:

  • Unaware of the source or nature of the money
  • No intention to carry out the criminal intent
  • No intention to hide or disguise the source of the money
  • Organized entrapment by the police

Get started with your free consultation by calling our firm today. We proudly serve clients in all of New York City, including the Bronx and Manhattan, as well as Westchester and other counties.

Contact Us Today

The Law Offices of Goldman & Associates is committed to answering your questions about criminal defense and civil rights law issues in New York City. We offer a free consultation and we'll gladly discuss your case with you at your convenience. Contact us today to schedule an appointment.