Money Laundering Page
Money laundering is the process of using various schemes to make large profits from illegal activities seem like legitimate business profits. This way the person laundering the money can comfortably hide behind their fraud and enjoy the profits. There are several ways criminals can illegally earn profits:
• Illegal arms sales
• Organized crime
• Drug trafficking
Money laundering statistics can be hard to track because of the nature of the fraud. The statistics can be murky and proceeds may not appear in the year the laundering occurred, as cases take time to settle. Below, however, is a table from the IRS on money laundering incidents in 2013 and 2014.
Money laundering should be taken seriously. At Manasseh, Gill, Knipe & Bélanger, we know how such an offense can leave a black mark on your record for the rest of your life and result in long sentencing times. That is why you will want our expertise by your side. We have lawyers who try cases in all three federal district courts in Louisiana. They know the ins and outs of these kinds of cases.
Money Laundering Sentencing:
• First-degree money laundering offenders can face probation or up to 35 years in prison, depending on prior convictions and other circumstances.
• Second-degree money laundering offenders can face probation or up to 25 years in prison, depending on prior convictions and other circumstances.
• Third-degree money laundering offenders can face probation or up to 6 years in prison, depending on prior convictions and other circumstances.
• If a person commits first-degree or second-degree money laundering and the violations involve a total of $100,000 or more in any twelve-month period, the person is subject to forfeiture of substitute assets in an amount that is three times the amount involved in the pattern of conduct, including conduct that occurred before and after the twelve-month period.
Sentencing for money laundering cases can be complex. There are many variables that help decide the sentencing for laundering cases, including the type of laundering, other subsequent charges involved, and the severity of the case in terms of how wide a net it cast, and this is why you will need our expertise. We will meet with you as soon as possible to get the process started. We will walk you through what to expect from the court system and how our team will work to defend you. Moreover, we will communicate with the authorities and all other entities involved. You will gain a clear understanding of the charges you face, and you will know the step-by-step plan our defense team will enact.
In addition to preparing you for your case, we will also make sure you have the opportunity to seek any help you may need. Some examples are personally putting your affairs in order and providing drug rehabilitation or personal counseling while we work your case. If you are accused of money laundering in Baton Rouge, let us help keep your case clean-cut and your sentence minimal, according to its merits and what the law allows. Do not hesitate to contact us today!