The government may go after a person whom they suspect of illegal activities by investigating their finances. Money laundering is the process by which black market profits are funneled through legitimate businesses to make the money clean, or available for use without raising red flags.
Money laundering is necessarily connected with another offense—an illegal activity by which revenue is generated. Money laundering is commonly allegedly used to conceal drug dealing or trafficking or various forms of fraud, including tax evasion by an individual.
Whatever your situation, attorney Darren Levitt will invest the necessary time and resources into constructing your best defense.
Salt Lake City Money Laundering Defense Lawyer
Money laundering cases are document-heavy and demand a dedicated defense attorney. Levitt Legal, PLLC views each client individually and will seek out every file, record, and interview necessary to win your case.
Levitt Legal, PLLC can defend you against multiple charges, including those most associated with money laundering such as drug distribution, fraud, embezzlement, and other white collar crimes. If you are facing charges for money laundering in Salt Lake City, Brigham City, Tremonton, Tooele, Ogden, or the surrounding area, call 801-455-1743 to set up a no-obligation consultation and get to work beating the government’s claims.
Money Laundering Information Center
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Utah Money Laundering
Utah Criminal Code 76-10-1903 outlines the offense of money laundering as those who:
- Transport, receive, or acquire the property which is in fact proceeds of the specified unlawful activity, knowing that the property involved represents the proceeds of some form of unlawful activity;
- Make proceeds of unlawful activity available to another by transaction, transportation, or other means, knowing that the proceeds are intended to be used for the purpose of continuing or furthering the commission of specified unlawful activity;
- Conduct a transaction knowing the property involved in the transaction represents the proceeds of some form of unlawful activity with the intent:
- To promote the unlawful activity;
- To conceal or disguise the nature, location, source, ownership, or control of the property; or
- To avoid a transaction reporting requirement under this chapter or under federal law; or
- Knowingly accept or receive property which is represented to be proceeds of unlawful activity.
The State of Utah defines money laundering to include those who are performing a transaction on behalf of another person with money or property gotten by illegal means. The prosecution must prove you knew the money came from illegal activity. This can ensnare employees at businesses and financial institutions who did not report suspicious activity but also had nothing to do with the crimes to first generate the money.
Taking ill-gotten money from someone can also find you facing penalties under this section. By tracing the money from crimes, the government will widen its net to capture anyone remotely related to a criminal activity.
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Penalties for Money Laundering in Utah
Money laundering is a felony of the second degree in Utah. If convicted, the prison term is one to 15 years in addition to a fine of up to $10,000.
A person is convicted of a third degree felony for an offense of 76-10-1903(d), in which a law enforcement officer or someone working for a law enforcement officer makes representations that a sum of money or item was gained from illegal activity, and the defendant knowingly accepts the money or item. A third degree felony is punishable by up to five years in prison and a maximum fine of $5,000.
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Money Laundering Defense Lawyer in Utah
Levitt Legal, PLLC pairs hard work and strategy to achieve a favorable outcome in your case. Able to help with any charges you may be facing related to money laundering, attorney Darren Levitt strongly believes in your rights and keeping you out of the justice system. If you are facing a money laundering appeal, please call us today.
Schedule your no-obligation consultation today by calling 801-455-1743 or sending us a message. As these cases can be very complex, bringing on a legal counsel early can make a major difference in the courtroom.