Free Consultation / 24 Hours a Day - (513) 338-1890

Moving Money Illegally

Posted On: September 8th, 2015 by Bradley J. Groene

Everyone has heard of money laundering and knows that it is illegal, but few people really understand these charges. We’ve seen references to money laundering on crime shows and in movies so often that most people assume that all money-laundering charges come from hiding drug money or activities for big organizations like the mob or an international drug cartel.

Unfortunately, these charges aren’t always from activities that are so clear-cut. Many people find themselves facing serious felony charges for moving money illegally — sometimes for activities that they had no idea were illegal.

Generally speaking, using some form of concealment to make illegal or dirty money or assets appear to be legal or “clean” is considered money laundering. While this naturally includes money from traditional schemes associated with organized crime, a Cincinnati fraud lawyer can explain that money laundering could also include money connected to lesser crimes like illegal gambling or theft .

Under Ohio law, even “laundering” stolen property can lead to charges — despite the fact that no actual cash is changing hands. Similarly, people often find themselves accused of money laundering in conjunction with some type of fraud , which sometimes can simply be sparked by false allegations or a misunderstanding of your legitimate business.

Consequences of Moving Money Illegally

No matter how much money or property was actually laundered, money laundering can lead to serious felony charges. In Ohio, you face a sentence that includes incarceration for 9 to 36 months and a fine of up to $7,500 if you’re convicted. Depending on the amount of money that you are charged with moving illegally, you could even face greater punishment.

In certain cases, you may actually even be charged with a federal crime, which is punishable by up to 20 years in a federal prison. Even worse, the government can seize your personal property if they believe that it was purchased or used in connection with the money-laundering scheme.

As you can see, even a very small act of moving money illegally or money laundering can have severe consequences. This does not even take into account the collateral consequences on your career and social life that would follow a felony conviction. No matter how little you knew about the alleged crime or how small your involvement, a money laundering charge is a serious legal matter.

How a Cincinnati Fraud Lawyer Can Help

If you are facing allegations of moving money illegally or money laundering, you need the help of an experienced criminal defense attorney who understands these charges and has a solid track record of representing people facing charges involving white collar crimes .

Call Cincinnati fraud lawyer Brad Groene for a free case evaluation today at (513) 338-1890 . Find out exactly what implications these charges may have and how we may be able to help you fight them.



★★★★★
Bradley Groene made an exceptionally difficult situation much easier to handle. He kept me informed of everything that was going to happen and got results for my case far better than I could have hoped for. I would highly recommend him for anyone who finds themselves in legal troubles.

友情链: 新IM电竞平台首页 im电竞直播大厅-新出的电竞竞猜 | IM电竞平台注册 - im电竞官方app下载 电竞体育官网首页 | IM电竞登录-im电竞滚盘官网_电竞体育真人竞猜注册送 | im电竞永久官网-im电竞比分网官网登录|电竞体育平台送彩金 | IM电竞网站 _ im电竞比赛竞猜,电竞竞猜直播 | im电竞比分网~亚博IM电竞足球~电竞竞猜贴吧最新 | im电竞下注 IM电竞专业电竞平台-电竞竞猜推荐平台 |