Federal Money Laundering Investigations

Federal money laundering investigations can be extremely complex, taking place over long periods of time and involving vast federal resources. This page provides a brief overview of the evidence and agencies involved in federal money laundering investigations, as well as the elements that must be identifies and certain myths associated with these sorts of charges. If you are facing federal money laundering charges it is important you consult with a federal money laundering attorney in DC  as soon as possible.

Evidence in DC Federal Money Laundering Investigations

In a money laundering case you can expect to see lots and lots of financial documents as evidence. Though it can take the form of even a hand-to-hand transfer of cash, typically speaking, money laundering involves bank accounts and electronic financial transactions and can even involve assets such as businesses and real estate. So, in most federal money laundering cases, a lot of financial documentation is involved.

In any type of criminal case, the government will try to have eyewitnesses and as much hard evidence as possible. Specifically in a money laundering case (as opposed to any kind of violent offense or drug offense) you can expect to see a lot of documentary evidence.

Agencies that Investigate Money Laundering

In the case that the crimes in question traverse international borders, international agencies can be involved in money laundering investigations, especially if terrorist organizations or major drug suppliers are suspected to be implicated. Specific to the United States, however, there are national task forces that investigate money laundering, including the Department of Justice, the IRS, the Department of Treasury.

Because these cases almost always involve financial transactions, a money laundering case is going to involve the Treasury, and the FBI, which means that very, very skilled federal level investigators are going to be involved.

What Are Some Of The First Elements Of A Money Laundering Case That You Identify?

If it looks like the government is targeting an individual for money laundering, I need to know what money they are looking at. In other words, what types of financial transactions was my client involved in and (if possible) is it possible to prove that one or more sources of the money involved are completely outside of any kind of criminal activity. I want to know where did the money comes from, who else is involved, what the purpose of those transactions are, and what evidence exists of those transactions—because that’s actually what the government is going to be looking at.

In all cases what I want to know is: first of all, what is the government going to find? and then second, do we have any evidence that can establish an innocent explanation, a credible defense to their allegation that these are gains from criminal activity that then were filtered through financial transactions in an effort to conceal them?

What Are Some Common Misconceptions About Money Laundering Cases?

One common misconception is that if the transaction wasn’t successful, the government can’t prosecute you. In other words, if a person didn’t successfully launder the money, then he or she can’t be prosecuted for money laundering. That’s just not true. Even an attempt to conceal criminal proceeds can be enough. People may mistakenly believe that once money has been moved from one source to another, the government is not going to be able to then track it back if it’s ever moved again. So, it’s assumed that once money is “laundered” that they are in the clear.

With today’s technology and the fact that the government’s ability to track information is excellent money can still be tracked down. In many cases, money that comes from criminal activities and is then filtered out through multiple accounts held by multiple different businesses can actually be traced back to its source, proving that the money was tied to the actual underlying criminal conduct.

The government has become more and more sophisticated in order to keep pace with defendants who have become more and more sophisticated. Thus, when you’re working with your attorney, you need to go through everything carefully in order to build a strong defense.