Charges of money laundering are intricate and involve many complications. And thus, dealing with a money laundering charges can be tricky. Here, we break down money laundering and outline some possible conditions that can make your defense quite strong. Read on to find out:
Money Laundering Explained
In simple terms, money laundering is hiding the original illegal source of money and making it look legal. As there is a large amount of cash involved, it can draw attention of legal authorities. And so, individuals transfer the money to a legal financial institution. After this, certain financial transactions are carried out to make the money difficult to track. This can involve transferring money to another country’s bank account of a different user name or buying highly expensive things. Finally, the money is integrated and appears to come from legal sources.
Some Defense Conditions
- Absence of Intent
Intent or willingness to commit a crime must be proven before a charged person is found to be guilty. Working for a bank or a financial firm may require you to handle large sums of money, the source of which, you might not know. Mistakes occur, but if you can prove that you had no intent of gaining money by illegal means, you might have a strong case.
Being threatened for yours or your loved ones’ lives can force you to take actions you would not have taken otherwise.
Criminals often use third-party sources to launder money. If you were forced by a criminal into money laundering, you cannot be held accountable for your actions. Proving this in the court of law will acquit you from all charges.
- Lack of Sufficient Evidence
To prove you are guilty, the prosecutor must provide sufficient evidence to the court. In the case of money laundering, it must be proved that the money was obtained through illegal activities or that there were conscious efforts made to hide the illegal origins of this money. Any doubt regarding these and other such issues will prove to be a positive sign for you.
Why Robinson Kardon
We at Robinson Kardon understand all the nitty-gritty aspects related to money laundering. Not only do we have immense experience in dealing with money laundering crimes, we also have the right lawyers at our disposal. Our money laundering attorneys have the skills to get inside the minds of prosecutors and stay ahead of them. Contact us for legal consultation.