Money Laundering in Virginia Beach

Hire Our Experienced & Qualified Virginia Beach Criminal Defense Lawyer

Money laundering cases can be remarkably complex due to the massive amount of accounting, banking, and other financial activity from multiple parties. In addition, if you are under investigation for money laundering, there is a possibility that you will be charged with more offenses, including fraud.

At The Law Offices of Daniel J. Miller, we are ready to protect your rights, reputation, and freedom from being convicted of a white collar crime such as money laundering. With over two decades of experience, our Virginia Beach attorney has an extensive knowledge of state and federal laws and court proceedings to provide all of your available legal options and obtain the most favorable outcome.

Money Laundering Penalties

Money laundering is the act of disguising money made from illegitimate means and using legitimate financial institutions and channels in order to convert it into “clean money.” Dirty money involves money derived from unlawful activity such as drug trafficking or fraud.

This crime can be charged either at the state or federal level. A first time offender can be punished at the federal level with up to one year in jail. Fines range from a few thousand dollars to $500,000 or twice the value of the property involved, whichever is greater.

In Virginia, a first offense is a Class 1 misdemeanor, punishable by maximum prison sentence of one year and a fine of up to $2,500. However, a subsequent offense is a Class 6 felony, punishable by a prison sentence of up to five years.

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Our legal team will independently investigate the facts of your case and use that as evidence and information to develop an effective and personalized defense strategy. Do not hesitate to get experience and qualified legal help immediately.