Criminal Lawyer Helps With Money Laundering (N.J.S.A. 2C:21-25)) Charges
Money Laundering (N.J.S.A. 2C:21-25) is a wide ranging statute in New Jersey, criminalizing a number of activities beyond simply hiding money.
Possessing or transferring property from a criminal enterprise, or in furtherance of a criminal enterprise, is conduct that is criminalized under the statute.
Evading reporting requirements on financial transactions is another way to be charged under the statute.
If you bribe a bank official so they don’t report a given transaction, you can be charged, and if you structure transactions in order to disguise the transactions and evade reporting, you can also be charged.
Because of its tie to organized crime, drug crime, and even human trafficking, money laundering is considered an extremely serious crime.
Evading reporting requirements is typically filed as a third degree charge, with a sentence of three to five years if convicted.
When the money laundering involves amounts between $75,000 and $500,000, the charge is a crime of the second degree, with a five to 10 year sentence.
For amounts over $500,000, you’ll be charged with a first degree crime and face between 10 and 20 years in prison.
Attorney Matthew Reisig understands the complexity of charges like Money Laundering in New Jersey.
If you need assistance with money laundering charges, Call 732-625-9661 today for a free consultation with an experienced New Jersey criminal defense lawyer.