Experienced South Carolina Money Laundering Defense Attorneys

What is Money Laundering?

Money laundering is engaging in a transaction that involves proceeds from specified illegal activity in an attempt to either promote or conceal that activity.

This charge often appears in conjunction with other allegations, usually in relation to drug crimes, fraud, or other cases where the accused person has obtained money or other property illegally.

We represent clients under investigation or facing money laundering charges involving:

• Illegal wire transfers/wire fraud
• Failure to report transactions over $10,000 and
• Bank fraud

At the Strom Law Firm, L.L.C. in Columbia, South Carolina, our money laundering defense lawyers offer experienced, aggressive representation against state or federal charges.

Knowledgeable Money Laundering Defense and Associated Charges

Money laundering is found in Section 1956 of Title 18 of the United States Code.  If convicted, money laundering carries a penalty of up to 20 years and a fine of not more than $500,000 or twice the value of the property in the transaction.  Penalties can also include criminal forfeiture (forfeiture of assets).

Money Laundering Defenses

The most common defense to money laundering is lack of knowledge or intent. The money laundering defense attorneys at the Strom Law Firm, LLC, may be able to establsih that you did not intend to promote unlawful activity or that the transaction was not designed to conceal the unlawful activity.

While related charges can further complicate a money laundering defense or other type of case, it is important to remember that just because you have been accused, doesn’t mean you are guilty. Contact the Strom Law Firm, LLC today fora  free consultation to discuss how we can help. We offer flexible payment options and accept Visa and Mastercard.