Money laundering is the concealment of the source of money obtained from criminal activity. Money laundering is often attached to some other crime such as:
- Tax fraud
- Telemarketing fraud
- Wire fraud
- Drugs conspiracy
- Mortgage fraud
- Securities fraud
- GSA contract fraud
Are you knowingly or unknowingly laundering money?
There are many ways you can conceal or assist in hiding proceeds of unlawful activity. You can be subject to receiving a target letter whether you are knowingly or unknowingly laundering money.
1. You act as a vehicle for depositing money
Has someone you know been asking you to regularly deposit various amounts of cash in different bank accounts? You are perhaps assisting in hiding proceeds of unlawful activity.
Whether or not you know the source of the money, you may be participating in money laundering. Whether or not you are taking a commission from the amount deposited, you may be acting as a vehicle for depositing money.
2. You built a system to hide the money
You created an elaborate system you thought nobody could crack and yet you received a target letter. It is important to note that the more complex the system is and the more people it involves, the more severe the sentence will be.
3. You assisted in hiding proceeds
The role you play in the unlawful activity has an impact on the sentence you will receive. Playing a mitigating role means you had a lesser role than others who were similarly situated. Playing an aggravating role means you had a stronger impact in hiding proceeds. Therefore, the latter role will generate a more severe sentence.
What are my potential goals?
If you received a target letter, do not ignore it. It is very important to take this letter seriously by contacting an attorney experienced in federal law.
1. You did not do anything wrong
When taking on a case at this stage, Mr. Rose has been able to avoid charges for many of his clients by showing the government that you may have been a witness in this case, but you should not face charges.
2. Building a defense after you’ve been charged.
If you have been charged with a crime, Mr. Rose will review the evidence against you and determine the best approach.In some cases, through thorough review of financial, medical, and other documents, he has been able to show that his clients should not be charged with a crime at all.In cases in which the evidence of wrongdoing has been substantial, he has often successfully sought reduced charges leading to lesser penalties.
To learn more about the firm’s services in this area of law, please request an initial consultation. Call 407-894-4555, or contact the Orlando office via email at [email protected]