Money Laundering in Dallas, TX
White Collar Criminal Defense Lawyers
Money laundering is a white collar crime which often involves the implication or commission of other offenses, such as prostitution or drug trafficking. This type of offense involves the placement, transferring, and integration of illegally obtained money to make it look legitimate.
If you or someone you care about has been accused of money laundering, it is vital that you seek legal defense immediately. Our Dallas white collar crime defense attorneys at the Law Office of Patrick J. McLain, PLLC are ready to provide you with dedicated legal defense. We have more than 30 years of combined experience and have won thousands of cases on behalf of our clients. As a former prosecutor, our firm's attorney knows how to effectively battle the other side.
Common Money Laundering Charges
There are many different types of money laundering and ways in which this crime can be committed. Essentially, trying to cover the traces of where money was obtained and trying to make it seem more legitimate than it was is considered money laundering. For example, a person might be accused of selling drugs in large quantities and routing that "dirty money" through offshore accounts and then back into a U.S. account to look like regular income.
In addition, money laundering can include any of the following types of transactions:
- Purchases
- Gifts
- Sales
- Currency exchange
- Bank deposits
- Wire transfers
- Investments
- Loans
Representing Money Laundering Offenses in Dallas
In many cases, you might find yourself facing money laundering charges in addition to charges for other types of illegal activity. Regardless of the circumstances, you should act quickly to hire a Dallas money laundering defense attorney. The consequences for being convicted of money laundering and related offenses are often severe. You could be facing years in prison and a large fine of up to $500,000 depending on the amount of money allegedly involved.
Don't hesitate to schedule an initial consultation today. Call us now at (214) 238-9392.