Money Laundering

Money laundering is the practice of engaging in financial transactions to conceal the identity, source and destination of the money in question. It is considered to be a crime to convert money or property that is gained from illegal activities into money that appears to have been legally earned.

The money laundering statutes today apply equally to the individual or organization trying to launder money and to the individual or organization offering a method to convert money gained from illegal activities into money that appears to have been legally earned.

For the attorneys of Defense NY.com, few types of cases are more complex and challenging than those involving money laundering charges.