Being charged with money laundering the state of Texas can have consequences that can follow you for the rest of your life. Money laundering is considered a felony in Texas and can stay on your record for years. Anyone accused of this crime by the government should contact a defense attorney immediately.
What is money laundering? A person who knowingly acquires or maintains an interest in, conceals, possesses, transfers, or transports the proceeds of a criminal activity can be charged with money laundering.
What is the penalty in Texas? If the value of funds is more than $1,500 but less than $20,000, you can be charged with a state jail felony. If the amount of funds is more than $20,000 but less than $100,000, you can be charged with a third-degree felony. If the amount of funds is more than $100,000 but less than $200,000, you can be charged with a second-degree felony. Finally, a defendant can be charged with a first-degree felony for the money laundering of funds over $200,000.
What will happen to me if I am convicted? The penalty for a money laundering conviction in Texas can vary based on the degree of felony. A first-degree conviction can result in five years probation to life in prison. The judge can use different mitigating circumstances to determine an appropriate sentence for the defendant.
Understanding the complexity of money laundering cases is a task for a professional. By working with a qualified attorney, your chances of beating the charges increase exponentially. Contact The Law Office of David D. White, PLLC today at (512) 369-3737 for a free consultation.
If you are convicted of money laundering, the consequences can be dire. If the government is investigating you for money laundering, you should immediately hire a prominent law firm with years of experience in beating back frivolous charges from prosecutors.
The Law Office of David D. White, PLLC have the qualifications and experience necessary to work toward a victory in your case. David White has many years of experience working with large firms in Washington D.C. and Dallas. His experience as a former Lubbock County prosecutor helps him turn the tables on the government when he is in the courtroom.
If you are facing charges of money laundering, contact a money laundering attorney to get the attention your case deserves. The Law Office of David D. White, PLLC will work tirelessly for your peace of mind. Call today at (512) 369-3737.