Based in Charleston, the South Carolina white collar criminal defense lawyers at Lofton & Lofton provide top-quality representation to groups charged with white collar offenses such as money laundering. Since 1984, we have been dedicated to helping criminal defendants obtain justice. Trust our firm to avidly defend your rights and reputation.Money Laundering
Money laundering refers to any financial transaction involving the use of ill-gotten gains. The perpetrator must knowingly use money acquired through illegal activity. In order to prove the offense, prosecutors must show various factors, including the defendant’s:
Prosecutors generally begin with the transaction upon which the alleged crime is based. Any act done with money, including payment, transfer, or delivery of funds, is a financial transaction. The parties laundering money may be individuals, businesses, or financial institutions.Process and Trends
Alleged money laundering is no longer limited to domestic or interstate commerce; transactions are now global in scale. Rapid advances in technology and the international market facilitate the swift exchange or transfer of money. Money may be laundered through various means involving:
New trends exploiting global payment networks facilitate the transfer of money across multiple borders but make the transactions difficult to trace. Unlike traditional commerce, criminal activity has quickly evolved to allow high-volume flow with little to no paper trail or legal accountability. This is often accomplished through:
These trends make it hard to identify the source of illicit cash or to trace the path of money. They also allow unidentified parties to access, move, or store money with less scrutiny and fewer regulations. Without this information, financial institutions in the United States have no basis to file the suspicious activity reports that generate federal investigation.Money Laundering Prosecution
The Justice Department probes suspected money laundering operations using sting operations, undercover investigations, and wire-tapping. Federal, state, and local authorities, including foreign law enforcement, work together to target alleged perpetrators. The government treats money laundering as a significant threat to public safety and national security, requiring total forfeiture of all assets, business, and imprisonment.Defend Your Assets
Money laundering cases are complex. If you are facing charges, the South Carolina white collar criminal defense attorneys at Lofton & Lofton can help. For over 25 years, our office has successfully defended numerous white collar criminal allegations, including money laundering, helping individuals and corporations get back to business. To protect your rights, freedom, and financial future, call 843.722.6319 for a consultation or contact us online
At a very difficult time in our lives, the attorneys at Lofton and Lofton helped us when we needed them most. They took great care and interest in our case as well as us. They were always responsive and communicated everything with us during each step in our case. We could not have asked for more knowledgeable, professional and ethical attorneys. We would not hesitate to use them again or recommend them to others. They were excellent!
It's really simple if you are looking for a attorney who will win your case then look no more. I have known Mr. Lofton for years and found him and his staff to be the best all around people who care and get the job done to your advantage. We have used him for years no matter what time of day you need him he's there, you can reach him or Angela as a team they are the best.