Money Laundering

Oakland Money Laundering Lawyer

Defending Those Who Have Been Accused Of Money Laundering in California

Money laundering is a federal crime that is aggressively prosecuted. If you are facing money laundering charges, it is important to consult with an experienced criminal defense lawyer as soon as possible. At Demetrius Costy Law, we are dedicated to delivering our clients with the aggressive legal representation they need to fight their charges. We will work tirelessly to build a strong defense strategy on your behalf and help you navigate the legal process.

Call Demetrius Costy Law today at (510) 254-3945 or contact us online to schedule a consultation with our money laundering attorney in Oakland.

What is Money Laundering?

Money laundering is a serious financial offense that involves disguising the origins of illegally acquired funds, typically by passing them through a complex sequence of banking transfers or commercial transactions. The aim is to make the illicit gains appear legitimate, thereby allowing individuals to enjoy the proceeds of their criminal activities without arousing suspicion.

Money laundering encompasses a range of activities, from simple transactions to elaborate schemes. Common methods include layering transactions through multiple accounts, using shell companies, and integrating illegal funds into legitimate business activities. The legal landscape surrounding money laundering is intricate, demanding a thorough understanding of both state and federal laws.

What are the Penalties for Money Laundering in California?

California takes a stringent stance against money laundering, imposing severe penalties on those convicted of this financial crime. The consequences can be both criminal and civil in nature, with the potential for substantial fines, asset forfeiture, and lengthy prison sentences.

Criminal penalties for money laundering in California vary based on factors such as the amount of money involved, the level of sophistication in the laundering scheme, and any previous criminal history. Convictions may result in imprisonment ranging from several years to life, depending on the severity of the offense.

In addition to criminal penalties, individuals found guilty of money laundering may face civil forfeiture, where the government seizes assets believed to be connected to the illicit funds. This can include bank accounts, real estate, vehicles, and other valuable property.

Defenses Against Money Laundering Charges

Mounting an effective defense against money laundering charges demands a meticulous examination of the facts, legal precedents, and the specific circumstances surrounding the allegations. Common defenses against money laundering charges may include:

  • Challenging the evidence presented by the prosecution
  • Disputing the alleged illegal source of funds
  • Questioning the intent behind financial transactions

We can conduct thorough investigations, working tirelessly to identify weaknesses in the prosecution's case and building a strong defense strategy to secure the best possible outcome for our clients.

Contact Our Money Laundering Attorney in Oakland Today

If you are facing money laundering charges, time is of the essence. At Demetrius Costy Law, our Oakland money laundering attorneys understand the complexities of financial crimes and are committed to providing personalized, strategic representation tailored to your unique situation. We will guide you through every step of the legal process, offering unwavering support and advocating for your rights in and out of the courtroom. Contact us today to schedule a consultation and take the first step toward a robust defense against money laundering allegations.

Contact Demetrius Costy Law today to get started with our Oakland money laundering lawyer.

"I was born to be a criminal defense attorney." - Demetrius Costy