Money Laundering

The Florida Money Laundering Act prohibits (1) conducting financial transactions involving the proceeds of unlawful activity, (2) transporting monetary instruments or funds to promote racketeering, and (3) conducting financial transactions that law enforcement officers deem to promote racketeering.

A person who violates the money laundering act and the violation involves a financial transaction exceeding $300 but less than $20,000 commits a felony of the third degree, punishable by up to five years in prison. If the financial transactions total or exceed $20,000 but less than $100,000 in any 12-month period, the person commits a second-degree felony punishable by up to 15 years in prison.  If the financial transaction exceeds $100,000, then the crime is a first-degree felony punishable by up to 30 years in prison.

The wording of the Florida Money Laundering Act is broad enough that it encompasses all sort of activity that could ordinarily be considered innocent.  For example making a bank deposit or cashing a check for someone could expose you to being charged with money laundering.  Additionally, when coupled with other crimes such as conspiracy and racketeering the consequences could be devastating. Not only will the combination of crimes make for a significant bond, but the possible penalties increase exponentially.

Erick Cruz is accustomed to dealing with money laundering cases. Not only has Erick charged defendants with money laundering, but he has also successfully defended individuals accused of money laundering. Erick comprehends these complex cases and can identify area where the evidence is deficient. With this experience, Erick has successfully defended clients accused of money laundering.  Oftentimes, through persuasion, diligent investigation and skillful defense, he has obtained dismissal of money laundering cases, reduced charges and reduced sentences.  Also, with Erick’s advice and counsel, he can preserve your ability to seal and expunge your case.    

Call Erick to discuss your case with him and find out how to get your money laundering case dismissed or charges and sentence reduced and arrest record sealed or expunged.