Bend Money Laundering Lawyer
Experienced Defense Against Money Laundering Charges in Oregon
Money laundering is a severe and complex financial crime that often involves concealing the origins of illegally obtained funds. It can have severe consequences for individuals and businesses, with potential penalties that may include hefty fines and imprisonment. At Ward & Grover, we recognize the significance of money laundering cases and are dedicated to providing legal guidance and representation for our clients facing these allegations.
Call Ward & Grover today at (541) 312-5150 or contact us online to schedule a meeting with our money laundering attorney in Bend!
What is Money Laundering?
Money laundering is the process of disguising the true origins of illegally gained funds. This illicit practice typically involves three main stages:
- Placement: Illicit funds are introduced into the financial system, often through bank deposits, currency exchanges, or purchasing assets.
- Layering: In this stage, the goal is to obscure the origin of the funds. Complex transactions are carried out to create confusion and make it difficult to trace the money's source. This may involve wire transfers, shell companies, or overseas accounts.
- Integration: At this stage, the "cleaned" money is reintroduced into the legitimate economy, appearing as if it came from legal sources. This can involve investments, real estate purchases, or other assets.
Money laundering is a serious crime that undermines the financial system's integrity and has far-reaching consequences. In Oregon, as in many other states, money laundering is a felony offense with severe penalties.
What are the Penalties for Money Laundering in Oregon?
The penalties for money laundering in Oregon can be substantial and life-altering. The severity of these penalties depends on several factors, including the amount of money involved, the degree of involvement, and any previous criminal record.
In Oregon, money laundering is categorized into three degrees:
- First-Degree Money Laundering: This is the most severe offense involving money laundering exceeding $100,000. It is a Class B felony, resulting in substantial fines and imprisonment for up to 10 years.
- Second-Degree Money Laundering: Second-degree money laundering is between $10,000 and $100,000. It is a Class C felony, punishable by fines and imprisonment for up to five years.
- Third-Degree Money Laundering: This is the least severe of the money laundering offenses and involves amounts less than $10,000. It is a Class C misdemeanor and can lead to fines and a jail sentence of up to 30 days.
It's important to note that money laundering charges can also lead to the forfeiture of assets acquired through illegal proceeds, compounding the financial and legal consequences.
Defenses Against Money Laundering Charges
Why Choose Ward Grover?
Committed, Zealous & Compassionate Representation
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Known in the Community as a Trusted Law Firm
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We Provide Personal Attention to Every Client
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We Handle Cases at Both State and Federal Levels
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Our Team Consists of Criminal Defense Specialists
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Our Firm Is Focused on Criminal Defense
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We Have over 50 Years of Combined Experience
Recent Case Results
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Not Guilty Jury Verdict Menacing
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Not Guilty Jury Verdict Reckless Driving
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Not Guilty Jury Verdict Att. Rape I, Sex Abuse I (Measure 11), Sex Abuse III, Assault IV x 2
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Not Guilty Jury Verdict Assault IV
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Case Dismissed Assault and Harassment
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Not Guilty Verdict Private Indecency, Criminal Mistreatment I x2 (Felony)