Hi, my name is Chris Morales. I am a criminal defense attorney in San Francisco, California and I am a board specialist in Criminal Law. Today I want to talk about Money Laundering. Money Laundering is changing money that was earned from illegal activities like drug dealing or pimping or other illegal crimes and making it clean so it is usable. Usually that is it done by taking the cash that was the proceeds of let’s say a drug deal and taking it to a legitimate business such as a bar or restaurant or solune and
intermixing it with the money that was earned at that solune. So a lot of times money laundering operations go through legitimate businesses that deal with a lot of cash like restaurants and bars. And how does someone get caught laundering money? A lot of times it is the IRS as they are processing the tax returns they will see that this particular bar or restaurant deposits a lot of cash, more cash than other simulated business situated in that area. That will raise some red flags. Another way that a money laundering operation is uncovered is by a tip from somebody on
the inside or if the DA let’s say is following a drug dealer and they see that this drug dealer frequents or goes to this particular bar or pizza parlor or restaurant a lot then they will take a closer look at the bank deposits from that restaurant. Many money laundering cases are brought by the Federal government and the consequences can be very, very severe many years in prison. If you want more information about money laundering, please visit my website at: www.sfcriminallawspecilist.com.
Call me on the phone to talk about it (415) 552 -1215 and follow me on Twitter and Facebook.
Money Laundering
Criminal Defense Attorney – Christopher Morales
Practice Area: The San Francisco Bay Area, California
Call us today for a free consultation (415) 552-1215 (Se Habla Español)
Website: www.sfcriminallawspecialist.com
