Money Laundering Defense Lawyer New Jersey
In 1999, the state legislature of New Jersey passed legislation that allowed severe punishment for the crime of money laundering. Money laundering can generally be defined as using the profits generated by criminal activity and making them appear to have been gained through legitimate means. Money laundering has often been tied to the activities of organized crime and New Jersey’s historic association with this is at least partly responsible for the harsh stance the state has taken.
Legal Consequences of Money Laundering Charges
When facing charges of money laundering in Freehold or Neptune NJ, a defendant also faces the possible penalties of conviction. New Jersey statutes against money laundering are even harsher than those of the federal government, and some possible penalties for conviction include:
- Releasing laundered funds
- Substantial monetary fines
- The ability to sentence an individual to consecutive terms for each charge upon which he or she is convicted.
Depending on the amount of money that was laundered, these punishments vary, but the duration of incarceration may reach up to 20 years per offense.
Contact a New Jersey Money Laundering Defense Lawyer
If you or someone you know has been accused of laundering money in Monmouth County, contact the experienced New Jersey white collar crime attorneys at the Law Office of Jason A. Volet in Freehold or Neptune, at 732-863-5050 to begin working to build a strong defense.