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Money Laundering

What is Money Laundering?

It is a sophisticated and criminal means of “cleaning” up any dirty trail that illegally obtained funds could leave to make it appear as legitimate income to banks. It’s often directly associated with organized crime rings, domestic and foreign terrorism. Money laundering is the method by which illegally obtained money – like money from drug sales – is funneled through a seemingly legitimate business to cover the illicit trail from whence it came. A variety of money laundering schemes exists today due to the technological advances that make it possible. These include, but are not limited to: digital currencies like the popular Bitcoin currency, standard denominational currencies, securities, wires and a number of other different methods. In a classic money laundering scheme, “dirty” money is layered into “legitimate” money from an existing business to “clean” and cover up its nefarious and illegal trail.

Money Laundering, a White Collar Crime

Money laundering often carries serious charges at both the state and the federal levels. Since money laundering is also seen as a form of tax evasion, the federal authorities will usually take part in the investigation of such matters. Money laundering charges often carry very serious penalties because they are associated, in many cases, with other criminal doings, such as organized crime or drug sales and trafficking. Often the indicted person faces charges at both a state and a federal level, including charges of income tax evasion and RICO related charges. If you have been charged with money laundering—you will want an experienced attorney representing you in a court of law to help facilitate the greatest possible outcome to your benefit. White collar crimes are a serious crime that can carry long term prison sentences, something that only an experienced lawyer can help mitigate.  Call (617) 523-3500 today.

State & Federal Impact

In many cases of money laundering, both the state and the federal government will levy charges, depending upon the complexity of the scheme. In some instances, criminals have been sentenced to both state and federal time, not served congruently, to account for multiple charges.

If you are facing serious charges that include the laundering of money or other criminal charges, contact the Eisenstadt, Krippendorf & Galvin, LLP right away to receive a free consultation and assessment of your case. Allow us to demonstrate how we can help you with your case.

Call (617) 523-3500 today.

Free Consultation

Serious criminal charges require very experienced attorneys to procure a positive outcome. At Eisenstadt, Krippendorf & Galvin, LLP, we have a combined 35 years of legal experience. As former criminal prosecutors, we understand how the law works from both sides of the system. Having successfully defended countless clients in the past with related criminal charges, we are confident that we can help you fight your case today. We invite you to Contact Us for your free legal consultation with an experienced criminal defense attorney in Boston. Allow us to demonstrate to you how we can use our knowledge of the criminal system to fight for your rights and for your freedom today.

Schedule your free phone or in-office consultation with Eisenstadt, Krippendorf & Galvin, LLP today by Contacting Us or by calling (617) 523-3500 right now.

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I thought I was going to lose everything I had until that first court hearing in probate court. The judge immediately agreed with Ed’s arguments and the next week, Joe had the restraining order dismissed. I was seeing my kids again inside two weeks and could not have been any more pleased with their response. They made a very bad situation much easier to deal with. K.B.
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The firm of Eisenstadt, Krippendorf and Galvin worked with us in a highly professional and attentive manner in tending to our legal needs. They made themselves available at any time to answer questions, give guidance and advice, which gave us comfort that they were extremely focused on the tasks at hand. It’s very reassuring to have a firm you can trust and rely on. William C.
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The team at EKG recently represented us in a case and the entire process from beginning to end was seamless thanks to the team’s knowledge, professionalism, and proactivity. All my family’s questions and concerns were thoroughly answered by the partners and they were always to discuss things in person or via phone. It’s a rarity to find such a hands on and thoughtful team, and not surprisingly we had a successful outcome in our case. Nicholas G.
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Ed is one of the best criminal defense attorneys in the Boston area. My best friend had recommends Ed Krippendorf as one of the best Criminal defense attorney to represent my case. He was very thorough and at every step, explained everything and was honest about the possible outcomes. Thanks to his excellent legal skills, my case ended with the very best outcome and I can move on with my life. Massachusetts Client
★★★★★
Our family would like to offer our experience with Attorney Edward Krippendorf, his associates and office staff. We would like to point out that we have no relationship to him or had any knowledge of this attorney prior to our need for one. My review will seem biased because “He is just that good” and we wanted to qualify this review.That being said we faced a serious crisis where an attorney was needed and Mr. Krippendorf fell in to our lap so to say. Jeanne T.