Title: Money Laundering Attorney: Charges, Penalties, Defenses
Headings: Money Laundering
Money Laundering
Accused of laundering money? Talk to an expert criminal defense lawyer
New York Criminal Attorneys That Can Defend You Against Money Laundering Offenses
Money Laundering Laws in the United States
What is Money Laundering
Stages of Money Laundering
1. Placement
2. Layering
3. Integration
New York State Laws
Federal Laws
MONEY LAUNDERING SCHEMES
Wire Fraud
Real Estate Money Laundering
Terrorist Financing
Online and Electronic Money Laundering
Drug Money Laundering
Corporate Money Laundering
Tax Evasion
Insurance
Punishment and Penalties for Money Laundering: Fines and Sentencing
New York Money Laundering Criminal Defense Attorney
How Bukh Law Firm can Help With Your Money Laundering Case
Money laundering is a serious offense with potential long-term consequences, including jail time. When your future is at stake, contact the top notch Manhattan criminal defense attorney. Call us 800-601-0207. We are available 24/7.

Content: New York State Laws
New York classifies money laundering offenses from the first degree to the fourth degree, with the degree depending on the total of the financial transaction (s). The state also sets out separate penalties when the amount goes over $5K, $50K, $100K and $1 million. Additional penalties — and degrees — come into play if the source of the “dirty money” is from drug trafficking or if the crime of money laundering involves support to terrorist organizations. Federal Laws
The Internal Revenue Service (IRS) has jurisdiction for criminal violations of the Internal Revenue Code (IRC). The IRS has defined gross income as “…”. . . all income from whatever source derived. ” The courts have upheld this statute to include income earned from illegal activities including drug trafficking, embezzlement, healthcare fraud, and money laundering. The IRC requires that any individual involved in a trade or business to report currency received in excess of $10,000. This requirement has created an obstacle to the use of illegal profits by narcotics traffickers, terrorism supporters, and others who would typically benefit from money laundering. The USA Patriot Act gave jurisdiction to both the IRS and the Treasury Department’s Financial Crimes Enforcement Network (FINCEN).