Money Laundering Defense Attorney In Augusta, Georgia
If you run a business, work in accounting or even manage a retail establishment, you could be at risk of facing financial criminal allegations. If investigators uncover signs of questionable financial activity, you could end up implicated and accused of money laundering.
I have defended clients facing complex state and federal charges in Augusta and throughout Georgia since 1997. At my firm, J. Pete Theodocion, Attorney at Law, I offer dedicated representation for those facing potentially life-altering criminal charges. As your money laundering defense lawyer, I can help you examine complex evidence and respond effectively to the white collar charges you face.
What Is Money Laundering?
Money laundering is the intentional act of creating a falsified financial record to legitimize funds acquired through illicit activities. Money laundering may involve fabricated business sales, cash transactions, questionable banking deposits and transferring funds through shell companies to make funds generated by criminal activity appear to be legitimate business capital.
Understanding Federal And Georgia Penalties
Both federal regulations and Georgia state statutes prohibit money laundering. The maximum penalties for those facing Georgia charges could include 20 years in prison and $25,000 in fines per charge. The state may also pursue secondary charges related to wire fraud or the criminal conspiracy that generated the revenue.
Federal prosecution could involve allegations of promotion and concealment, which carry up to 20 years in prison and fines of up to $500,000 or double the value of the laundered resources. If the charges are for making financial transactions, the penalties could include up to 10 years in prison and $250,000 in fines or twice the amount of the funds. Asset forfeiture is likely when facing state or federal charges.
Common Money Laundering Scenarios I Have Defended
Money laundering is necessary to legitimize the money earned through illegal activities. The crimes commonly associated with money laundering include:
- Drug trafficking
- Bank, securities, wire or mail fraud
- Tax evasion
- Embezzlement
- Organized crime
You may face serious charges related to the alleged criminal activity, as well as money laundering charges.
Get Support From An Experienced Money Laundering Defense Attorney
Money laundering cases are often complex and involve multiple charges. The evidence gathered by state or federal authorities may include years of financial records.
You can rely on my firm, J. Pete Theodocion, P.C., to assist you with the evaluation of the case against you and the management of your money laundering criminal defense strategy. Augusta-area defendants facing state or federal charges can schedule an initial consultation by calling Call or filling out my contact form.