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New York Law Considers Money Laundering a Serious Offense Offering Personalized Counsel for over 30 Years

Money Laundering Charges

Experienced NYC Criminal Defense Attorneys

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 an experienced attorney. 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!


NEW YORK'S MONEY LAUNDERING LAW

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

  • 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.

What can I use as a defense?

When working with an attorney to fight your money laundering charges, there are several different defenses you can claim to avoid harsher charges. These defenses include:

  • 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

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 Bronx criminal defense attorney, you will get personalized support, attention, and advice throughout the process. Put your trust in our capable hands!

Get started with your free consultation by calling our firm today. We proudly serve clients in the Bronx as well as Westchester and throughout New York City.