Money Laundering

Overview

Money laundering usually involves the transfer of money that is the result of illegal activity with the intent that the money will support further illegal activity.

Money laundering charges often accompany fraud, drug trafficking, or other predicate offenses. Both federal and Florida law impose severe penalties. Defenses may involve challenging the connection between the funds and criminal activity, or the mens rea required for conviction. If you are under investigation or have been charged, contact our office for a free consultation.

Penalties for Money Laundering

Federal money laundering under 18 U.S.C. § 1956 carries up to 20 years in prison and substantial fines. Florida state money laundering (Section 896.101) carries up to 30 years for first-degree felony violations. Penalties increase with the amount laundered and the underlying predicate offense. Forfeiture of assets is common. In Miami, money laundering cases are often prosecuted federally in the Southern District of Florida. A Miami federal criminal defense lawyer can explain sentencing exposure.

Possible Defenses

Defenses may include lack of knowledge that the funds were proceeds of unlawful activity, lack of intent to promote or conceal criminal activity, or challenging the connection between the funds and any predicate offense. The prosecution must prove both the financial transactions and the underlying unlawful activity. Complex financial cases require counsel experienced in federal money laundering defenses.

What the Prosecution Must Prove

The prosecution must prove beyond a reasonable doubt that you conducted or attempted to conduct a financial transaction knowing the property involved represented proceeds of unlawful activity, and that you did so with intent to promote, conceal, or avoid reporting requirements. The underlying predicate offense must also be proven.

Why Early Counsel Matters

Money laundering investigations often run for months or years before charges. Early representation during an investigation can help protect your rights during grand jury subpoenas, search warrants, and interviews. Pre-indictment strategy can affect charging decisions and potential forfeiture.

What This May Involve

Charges related to money laundering can involve various legal processes and procedures. These matters may include:

• Investigation by law enforcement agencies
• Review of evidence and documentation
• Legal proceedings in federal or state court
• Potential consequences that may vary based on specific circumstances
• Complex legal procedures and requirements

When to Speak With a Lawyer

If you are facing charges related to money laundering, or if you believe you may be under investigation for such charges, it is important to consult with an attorney as soon as possible. Early legal representation can be important for understanding your rights, the charges you may face, and the legal process ahead.

An attorney can help you understand the specific laws and procedures that apply to your situation, advise you on how to respond to law enforcement inquiries, and work to protect your rights throughout the process.

The Law Offices of Paul D. Petruzzi, P.A. represent clients in federal and state criminal matters in Miami, Miami-Dade, Broward, and nationwide. If you face money laundering charges in South Florida, a Miami criminal defense lawyer who handles these matters can help. We also have dedicated pages for Miami federal criminal defense lawyer and theft and fraud defense in Miami-Dade and surrounding areas.

We handle investigations, bond hearings, trials, appeals, and post-conviction relief. For a free consultation, contact our office or call us. See our criminal defense and case results pages for more information.