Money laundering is a serious crime with extreme penalties. We at Whitt, Cooper, Trant & Hedrick have represented people charged with money laundering many times. Money laundering can be as simple as cashing a forged check to as complicated as international money laundering schemes running illegal money through foreign banks and then investing in foreign corporations. One of our attorneys has been to Grand Cayman, Canada, and the Middle East investigating such schemes. He has also interviewed witnesses in Hong Kong, London, Costa Rica, and Aruba tracing suspicious transactions.
Money laundering simply is the conversion of illegal proceeds into something else- a bank deposit, buying vehicles or boats. Buying real property or jewelry. Buying stock. The IRS is very serious about money laundering. If you are or may be investigated for money laundering get to a qualified lawyer now.