People who handle the manufacturing, selling and trafficking of drugs can make a considerable sum of money. The issue that they might run into here is that they can’t just deposit the money into the bank without raising some red flags. Banks in the United States are only supposed to allow people to deposit money that’s not illegally earned.
Because of the need for the money to appear clean, people involved in the drug trade might money launder, so they can have full use of the unlawfully obtained money. This is when they route the illegally earned money through a legal money-making method to make it appear clean to the financial institution.
For example, they might rent a facility with the drug money and then charge admission for a party. The money they earn through the admission would appear clean, so the person could deposit it into the bank. Of course, money laundering could occur in many other fashions.
The government wants to put a stop to money laundering because the activity is associated with organized crime, terrorism and corruption. Unfortunately, this can lead to some innocent individuals being accused of the crime. Those individuals should be ready to fight back against the charges.
There are many defense strategies that you can use in these cases. One of the most important things to remember is that your defense has to be factual, and it needs to poke holes in the prosecution’s claims. Showing where you obtained the money in question might be one of the more beneficial things that you can do if it was lawfully obtained.
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