In Arizona, the criminal offense of money laundering can be charged in different degrees.
Money laundering in the first degree is most commonly charged when the state alleges that someone “knowingly initiates, organizes, plans, finances, directs, manages, supervises or is in the business of money laundering.”
This offense is most common when the state believes the individual found in possession of the money or proceeds is organizing or directing a larger criminal organization.
The state more commonly charges money laundering in the second degree. This usually involves allegations that the defendant:
In these situations, the state must prove that the person charged knew or reasonably should have known that the proceeds were racketeering proceeds. Essentially, it can cover any financial gain from crimes such as drug sales, theft, forgery, fraud or sex trafficking.
At Lane, Hupp, & Crowley, PLC, our attorneys have nearly 40 years of combined experience and know how to navigate complex theft and money laundering cases.
Often, the money the defendant possessed was either not racketeering proceeds or the defendant did not know that it was.
For example, many individuals often keep substantial amounts of cash on hand, as they do not fully trust banks and financial institutions with their money.
If we can prove to the state that the cash found in someone’s possession was from legitimate sources and was “stockpiled” due to the individual’s preferences, we may be able to obtain a dismissal of the charges.
In all money laundering cases, we scrutinize the state’s evidence and methods of collecting it (search warrants, subpoenas or any surveillance tactic). We do this to determine the strength of the state’s case and protect your constitutional rights.
Schedule your consultation with us at our Phoenix office today. Call 480-498-5290 or send us an email. Free consultations and payment plans are available.
If you have been charged with a DUI, drug charge, sex crime or any serious criminal offense, let an experienced defense team fight for you. Schedule a consultation with one of our partners today. Call 480-498-5290 or send an email.