Money Laundering

The most common conception of money laundering is basically the use of some process to hide the existence, source or location of criminally “dirtied” money to make the money look “clean” or legitimate. Money laundering procedures are usually employed to evade tax laws, avoid record keeping or reporting or otherwise get rid of a trail of evidence that could lead to identification and later prosecution of the illegal activity. It is typically associated with drug trafficking and organized crime, but it is also frequently involved in white collar crimes.

On top of that common conception, money laundering can also take other forms. Sometimes, money laundering involves using dirty or even clean money to support additional or future crimes. It can also involve use of dirty money when one knows that it is dirty.

Money laundering has been the subject of many high-profile cases, and it is a growing business because globalization allows for easy transfer of money around the world.

Speak with a Boston Criminal Lawyer 617-512-0939

If you would like to speak with a Boston criminal lawyer about money laundering, call Francis T. O’Brien Jr. of O'Brien Law Boston today at 617-512-0939. Attorney O’Brien has expertise in all areas of criminal law, including white collar crimes. There will be no fee to discuss your case, and all information will be kept confidential.