Money laundering lawyer new jersey

Money laundering is the process where you will go ahead and obtain money through illegal methods. Some of the best examples for money laundering include getting money through human trafficking, drug trafficking, and through terrorist activities. However, people who are engaged with money laundering will not show that they got money from illegal sources. Instead, they will show that they were able to receive money from legal sources. The process of money laundering is usually associated with cleaning money, which is acquired through illegal methods.

The laws with related to money laundering are quite strict. In case if you are charged under this law, you should make sure that you are finding the best money laundering lawyer New Jersey, who can help. Then you will be able to showcase how you were being receiving money, and why you didn’t commit money laundering under the law.

What is money laundering according to the law?

According to the laws that exist in the United States, money laundering is a crime that you will do at a federal level. This is where you will be gaining monetary instruments and engaging with different monetary transactions in the property that you could earn through an illegal activity. These sections in the code would clearly indicate how commerce has been conducted along with the intent to conceal the way how funds are associated with criminal activity. This is the main reason on why it is important to seek the assistance of the best money laundering lawyer New Jersey. Then it is possible to get much-needed assistance while going through a money laundering case.

What are the different stages of money laundering?

There are multiple stages associated with a typical money laundering case. You will be able to categorize them into three stages, as placement stage, layering stage, and integration stage.

-          Placement stage of money laundering

It is during the placement stage of money laundering where you will collect money from the criminal proceeds and deposit them within the financial system. This would include exchange of currency. Or else, denomination would also be considered in here. For example, some people tend to deal with physical bills in order to obscure the source in a better way.

-          Layering stage of money laundering

The second stage of money laundering that you can see is the layering stage. During this stage, people who are engaged with money laundering will do overseas deposits, open new accounts, and wire transfers. On top of these popular methods, we will also be able to see how people who do money laundering engage with numerous other diversionary techniques as well. The main reason on why they engage with such activities is to create confusion. By creating confusion, they are in a position to safeguard themselves against the origins of each and every deposit.

-          Integration stage of money laundering

The final stage of money laundering is called as the integration stage. During this stage, the people who are engaged with money laundering will go ahead and purchase assets. In most instances, we can see them purchasing luxurious assets. They will showcase that they are purchasing assets through money earned via legitimate sources. However, the truth is that they are using money obtained through money laundering to purchase the assets. In fact, the source of money is on illegal funds.

What are the penalties and fines on money laundering

You will need to understand that money laundering is treated as a serious offense within the country. In case if you are charged with a money laundering case, you shouldn’t think twice before you get in touch with the best money laundering lawyer New Jersey. Then it is possible for you to receive the protection and support that you want against the case.

In case if you are convinced for money laundering within the federal level, there is a possibility for you to be subjected to imprisonment up to 20 years. On top of that, you will also have to pay massive fines up to $500,000 as well. It can even be twice the value of transactions that you were dealing with during the money laundering process. On state level, you will have to face fines up to $10,000 and you will be subjected to imprisonment up to 10 years.

What should you do when you are charged for money laundering?

Even if you can prove that you got funds through legitimate sources, it is important to seek the assistance of a reliable money laundering out there. That’s because you can expect to receive all the support and guidance you want from the money laundering lawyer who is working with you. In fact, you can make your life easy and overcome the challenges that would come on your way.

How can the money laundering lawyer help you?

Before you get the help of a money laundering lawyer New Jersey, it is better if you can have a clear understanding on how a money laundering lawyer will be able to provide assistance to you. When you are faced with money laundering charges, the lawyer will actively take appropriate measures to protect you. It will be possible for you to rely on the lawyer and all the support that is provided on your way.

For example, you can expect the money laundering lawyer to provide you with a good understanding on money laundering laws that are existing at the state level as well as federal level. Along with that, you can get a clear understanding about the allegations that are charged against you as well. This will help you to remain aware about the seriousness of the consequences that you are going through.

Upon explaining the allegations against you, the money laundering will take a look at the situation in detail and follow to deliver the best solution to you. For example, you can see how your money laundering lawyer is going through police reports with the objective of finding errors. In the meantime, you can get the money laundering lawyer to develop a defense plan as well. The lawyer would remain as the intermediary in between the court system and the lawyer.

Final words

It is important to understand that money laundering cases can be challenging to deal with. Hence, you must seek the assistance of the best money laundering lawyer who is there to help you. When you are getting the help of the best money laundering lawyer, you will never have to go through any challenges on your own, and you can receive all support needed to get through the case.