Money Laundering Attorney Los Angeles

This violation is the act of making funds, derived through criminal means, seem legitimate. This usually involves investing criminally derived money into a legitimate, or what appears to be a legitimate business. The money extracted from this “legitimate” enterprise is laundered or clean money. Many money laundering operations also involve tax evasion and “creative” accounting. It is interesting to note that money laundering techniques were streamlined during the prohibition era in order to hide the true origin of funds derived from the illegal sales of alcohol. Today, many money laundering operations make the prohibition era money laundering seem like child’s play. Despite the fact that these are very complicated transactions, the government has been very vigilant as of late, leveling extremely severe penalties against individuals involved.