Money Laundering

Money is a tightly controlled commodity. When the government suspects someone of illegal activity involving money, they often come after them with the full force of the law. Every year, around 1000 people go to prison for the crime of money laundering. When an accusation of money laundering disrupts your life and your business, it is important to understand the charges against you and take steps to protect your rights and interests.

Do not hesitate to get in touch with a team of Milwaukee money laundering defense attorneys about your case. Hart Powell, S.C., believes in your right to a fair trial, and we may be able to help you plan your defense. You can reach our helpful and knowledgeable legal staff at (414) 271-9595.

What are the Punishments for Money Laundering?

Each year, billions of U.S. dollars are “laundered”. This means that funds have been moved around in such a way as to disguise their origins. The federal government works to prevent money laundering, and they vigorously prosecute suspected money launderers. If they are successful in proving their case, convicted offenders can face:

  • Incarceration in federal prison for up to 20 years
  • A maximum fine of $500,000 or double the total sum of laundered funds
  • Taxes may be levied on past income which was hidden

These are only some of the formal penalties to which one might be subjected, and the other, hidden or civil costs can also be significant. If you face money laundering charges, you deserve determined legal counsel. With a knowledgeable and tenacious attorney at your side, your chances of avoiding these harsh punishments may greatly improve.

Contact Us

The Milwaukee money laundering defense attorneys of Hart Powell, S.C., may be able to take your case. Contact us as soon as possible at (414) 271-9595 to begin working to build a strong defense against the allegations which have been made.

Written by Michael Hart & Craig Powell

Last Updated : January 13, 2016