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Money laundering often comes with lengthy paper trails

On Behalf of | Jan 31, 2025 | White Collar Charges |

Money laundering is a white-collar crime that involves taking money gained illegally and funneling it through legal channels to make the money appear as though it was lawfully earned. These cases often include considerable paper trails because of the number of steps that it takes to launder money. Money is often sent through more than one financial transaction before it reaches the final destination account.

In many cases, money laundering accusations are made based on cases that violate anti-money laundering policies. Any financial account, including cryptocurrency and online banking, can be involved in money laundering. Because of the ties to gangs and terrorists, money laundering charges are taken seriously by the criminal justice system.

Intent should matter

It’s often possible for a person to be accused of money laundering based on what seems evident in the paper trail. Intent is one of the requirements for money laundering; however, this can be challenging to prove or disprove. In theory, the defendant should be considered innocent unless their guilt can be proven without any reasonable doubt, but that depends on what the jury considers a reasonable doubt. 

Anyone who’s facing money laundering charges should remember that these matters are often complex. Because of this, it’s typically best to work with someone familiar with these charges so they can assist with sorting through everything and determining a suitable defense strategy. It’s critical to get started on this as early as possible in the case because of the intricacies that come with money laundering cases.