Las Vegas Money Laundering Attorney

What is money laundering?

Money laundering occurs when you conceal the use of funds or money that came from an illegal enterprise.  If an individual deposits unlawfully gained funds into a bank account or attempts to pay someone unlawfully gained cash, they may be charged with the federal crime of money laundering.

The penalties for a conviction of money laundering can be severe depending on the nature of the crime.  The individual may be sentenced at up to 20 years in prison.  They are also subject to fines of up to $500,000, or twice the value of the laundered money - whichever is greater.

If you have been charged or are under investigation for money laundering, you should immediately obtain skilled legal representation.  Okabe & Haushalter can provide you with the experienced defense team you need to vigorously fight for you in federal court.  Speak to a Las Vegas federal crime lawyer today.

Other Types of Money Laundering

Another example of money laundering occurs when a person such as a businessman receives a cash transaction.  Any transaction beyond $10,000 must be reported to the Internal Revenue Service (IRS).  If the transaction is not reported or the monies are structured in such a way as to avoid this $10,000 regulation, the individual could face charges of money laundering in federal court. 

Money laundering charges are commonly accompanied with other federal charges such as mail fraud or drug trafficking, increasing the potential penalties in a conviction.

If you have been charged or are under investigation for money laundering you should immediately obtain legal counsel who are skilled in handling such matters.  We will explore all aspects of your case and aggressively pursue the optimum outcome.

Contact a Las Vegas money laundering attorney today if you have been charged or are under investigation for money laundering.