Law Offices of Christie A. Leary P.C.
Call Us: 703-359-7111

The most obvious and prominent crimes that are committed in Virginia often involve violence, drugs, sexual offenses and driving under the influence. Other kinds of crimes that don't have the same negative connotation but can be just as, if not more, serious involve white-collar crime charges. One kind of criminal act that falls into this category is money laundering.

When allegations of money laundering are made, it's important to understand what it entails and its penalties. If a person is involved in a financial transaction and is aware that the property that is part of it is derived from a felony in Virginia, the District of Columbia or anywhere across the nation, it is known as money laundering. If a person is arrested and convicted of this crime, there can be prison time for as much as 40 years, a fine of up to $500,000 or both.

If a person is compensated for converting cash into electronic funds or instruments that can be negotiated and is doing so with the knowledge that the cash came from acts that are felonies in the state, the District of Columbia or anywhere in the U.S., it will be a Class 1 misdemeanor. If there is another subsequent act that breaks this law, it will be a Class 6 felony.

People who are confronted with allegations of money laundering might have been mislead and gotten involved in a situation without their knowledge that led to charges. It's possible that the allegations of money laundering against a person are totally untrue. Regardless, it is imperative to formulate a strong defense to avoid conviction.

Source: leg1.state.va.us, "Money laundering; penalties," accessed April 20, 2015

No Comments

Leave a comment
Comment Information
EMAIL US FOR A RESPONSE

Contact An Experienced Manassas Personal Injury Or DWI/DUI Lawyer

The firm offers a free consultation to review the facts of your case and recommend the best steps to take. Call 703-359-7111 or toll free 800-823-1127, or contact the offices by email to arrange an initial free consultation with our Fairfax criminal defense lawyers.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Locations

Fairfax Office
10505 Judicial Drive, Suite 203
Fairfax, Virginia 22030

Toll Free: 1-800-823-1127
Phone: 703-359-7111
Fax: 703-543-5478
Fairfax Office Map

Manassas Office
9300 W. Courthouse Rd., Suite 204
Manassas, Virginia 20110

Toll Free: 1-800-823-1127
Phone: 703-359-7111
Fax: 703-543-5478
Map & Directions

Call/Fax