What is Money Laundering?

There’s a good possibility that you’ve heard of money laundering before. It’s mentioned on a number of crime shows that are currently on television and it’s referenced in movies, but do you know what it means to launder money?

Fortunately for you that’s the topic of today’s post. Keep reading to learn more!

Money Laundering is a Common White Collar Crime

A white collar crime lawyer can defend against money laundering.According to an article from How Stuff Works, “Money laundering happens in almost every country in the world, and a single scheme typically involves transferring money through several countries in order to obscure its origins.” What that means is that even though the money came from one place, the person laundering the money is making it appear as though it came from somewhere else entirely.

The article goes on to state that, “Money laundering is a crucial step in the success of drug trafficking and terrorist activities, not to mention white collar crime, and there are countless organizations trying to get a handle on the problem.” That means that if you are facing charges of money laundering, what you need is a white collar crime lawyer with four decades of experience. You can find that right here at the Law Offices of Robert J. DeGroot.

Contact Our Team of Legal Experts Today

If you’re being investigated for money laundering, we can help! We understand that what you’re facing has you feeling stressed. That’s why we’ll work quickly and diligently to build a defense for your case. There are a lot of moving pieces to consider but at the end of the day we believe that one of the most important things you can do is to hire a lawyer as early on in the process as possible.

No matter the situation, if you’re looking for a criminal lawyer in Newark or the surrounding area, we’re here to help! To schedule your free initial consultation with Newark white collar crime lawyer Robert J. DeGroot, click here. Regardless of what you’re up against, we’ll work hard to secure a positive outcome for your case. Reach out today to get the help you need from an experienced team who is here to lend a helping hand.