If you believe you may be under investigation for a Money Laundering Case, it is critical that you hire a qualified criminal defense attorney right away. Do not risk having your rights violated by neglecting to retain a skilled, experienced criminal defense attorney.
The Houston, Texas law office of Kuniansky & Associates will work diligently to ensure your rights are protected.

  "Money laundering" involves the transfer of monies that are a product of criminal activity, usually drug trafficking or white collar crime. Although there is a fairly broad definition of money laundering, the federal money laundering laws were enacted to attempt to take the profit out of criminal activity.
     Congress has passed several laws over the years to prevent profits of criminal activity from being utilized, such as Currency Transaction Reports. The Anti-Money Laundering Statutes criminalizes the movement and use of profits/wealth created by criminal activity.

Many people have concerns about the apparently broad application of these statutes, and especially concerns about reaching into legitimate business activities. A common example of this concern is a scenario where an individual or business handles money with no knowledge of any criminal origin, which could result in prosecution for money laundering in federal court.

The government has to prove that a person knowingly made some transfer or transaction with monies that were proceeds of a specified unlawful activity. The two commonly used statutes in federal courts, 18, U.S.C., Sections 1956 and 1957, list the specified unlawful activities that are the basis for federal money laundering.

Texas State Money Laundering Laws:

Under the Texas State Penal Code, a person commits a money laundering offense if the person knowingly:
(1) acquires or maintains an interest in, conceals, possesses, transfers, or transports the proceeds of criminal activity;
(2) conducts, supervises, or facilitates a transaction involving the proceeds of criminal activity;
(3) invests, expends, or receives, or offers to invest, expend, or receive, the proceeds of criminal activity or funds that the person believes are the proceeds of criminal activity; or
(4) finances or invests or intends to finance or invest funds that the person believes are intended to further the commission of criminal activity.

Money laundering is treated as a state jail felony if the value of the funds is $1,500 or more but less than $20,000; a felony of the third degree if the value of the funds is $20,000 or more but less than $100,000; a felony of the second degree if the value of the funds is $100,000 or more but less than $200,000; and a felony of the first degree if the value of the funds is $200,000 or more.

 

Mr. Kuniansky has successfully represented clients in a number of Money Laundering cases across the country. If you have been charged with fraud, you need an attorney who is proficient in federal law. Trust our experience: these are serious charges that require active and immediate attention. Call us at 713.622.8333 today.

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