Money Laundering in Florida

Tampa, Florida Criminal Defense Lawyer

There are many various white collar crimes that can be committed, and each carries serious penalties for conviction. One serious offense that can result in harsh penalties is money laundering. This is the crime of passing illegitimately earned funds through a legitimate entity in order to mask their origin. If you have been arrested and charged with this crime, then you need to retain skilled representation as soon as possible. If you are currently under investigation for this crime, then it is important to remember your constitutional rights.

You have the right to remain silent as provided in the Fifth Amendment to the U.S. Constitution, and you have the right to an attorney. You have the right to due process of the law, which includes protection from unlawful search and seizure. This means that officials cannot search your personal property without your permission, or a warrant. It is important that you take the necessary steps to protect your rights, and to pursue a better future.

What is money laundering?

An example of money laundering could be a drug dealer who also owns a small business that deals only in cash. The owner collects funds through drug sales, combines them with funds earned from the business, and deposits them all, claiming that the funds were all earned from the business. Once the deposit is complete, the funds will be recorded by the bank as income from the small business, and thereby masking the true origin of some of the funds.

Facing charges of this crime can be very serious; you could suffer from embarrassment, a tarnished reputation, and other hardships just by facing this charge. If you are convicted of this crime, then you could face serious penalties for conviction. If you are charged with laundering $301 - $19,999 within one year, then you will face a third degree felony penalty of up to five years in prison for conviction. If you are charged with $20,000 - $99,999, then you will face a second degree felony penalty of up to 15 years in prison. If you are charged with $100,000 or more, then you will face a first degree felony penalty of up to 30 years in prison for conviction.

Defending Your Legal Rights

At Thomas & Paulk, P.A., we are dedicated to providing excellent service for our clients; we understand the severity of the situation that you face, and you can be sure that we will work with you towards the results that you need. We have been serving the residents of Tampa, Florida in various criminal defense matters for a number of years and we can put this experience to work for you. Let us put our years of experience to work for you.

Our Commitment To You

When you work with us, we promise:

  • To Treat You
    With Respect
  • To Be Available When
    You Have Questions
  • To Work
    Hard For You
  • To Develop a Custom Defense Based on Your Case

Arrested? Charged with a Crime? Need help?

Start with our FREE case evaluation.

Send My Information