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Fighting Money Laundering Charges in San Francisco

 

Fighting Money Laundering Charges in San Francisco

Getting charged with money laundering can be scary. Even if you think your innocent, proving it can be an uphill battle. This article will give you a basic overview of money laundering laws in San Francisco, common defenses, and what to expect if your facing charges.

What is Money Laundering?

Money laundering is when someone tries to hide the source of illegal funds or make them look legal. It often involves complex financial transactions to disguise where “dirty” money came from. Some common examples include:

  • Depositing cash from drug sales into a bank account
  • Buying expensive assets like cars or property with illegal profits
  • Transferring money between accounts or businesses to hide it’s source

Most money laundering charges in San Francisco involve drugs, fraud, or other organized crime. Prosecutors need to prove you knew funds were illegal and tried to conceal that. Penalties can include hefty fines and years in prison depending on amounts laundered.

Money Laundering Laws in San Francisco

California money laundering laws closely mirror federal statutes. The main state law is California Penal Code Section 186.10. This makes it illegal to conduct transactions involving profits from criminal activity. Prosecutors need to show:

  1. Funds came from criminal activity
  2. You knew the source was illegal
  3. You took steps to hide the source through financial transactions

Related charges often include tax evasion, fraud, and conspiracy. San Francisco uses both state and federal agencies to investigate money laundering. Key agencies include the IRS, FBI, Homeland Security, and local police.

Common Defenses Against Charges

Fighting money laundering charges starts with understanding prosecutors burden of proof. Their case often relies heavily on financial records and transactions. Some potential defenses include:

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Christine Twomey
2024-03-21
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Brendan huisman
2024-03-18
Alex Zhik contacted me almost immediately when I reached out to Spodek for a consultation and was able to effectively communicate the path forward/consequences of my legal issue. I immediately agreed to hire Alex for his services and did not regret my choice. He was able to cover my case in court (with 1 day notice) and not only was he able to push my case down, he carefully negotiated a dismissal of the charge altogether. I highly recommend Spodek, and more specifically, Alex Zhik for all of your legal issues. Thanks guys!
Guerline Menard
Guerline Menard
2024-03-18
Thanks again Spodek law firm, particularly Esq Claire Banks who stood right there with us up to the finish line. Attached photos taken right outside of the court building and the smile on our faces represented victory, a breath of fresh air and satisfaction. We are very happy that this is over and we can move on with our lives. Thanks Spodek law 🙏🏼🙏🏼🙏🏼🙏🏼🙌🏼❤️
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Keisha Parris
2024-03-15
Believe every single review here about Alex Z!! From our initial consultation, it was evident that Alex possessed a profound understanding of criminal law and a fierce dedication to his clients rights. Throughout the entirety of my case, Alex exhibited unparalleled professionalism and unwavering commitment. What sets Alex apart is not only his legal expertise but also his genuine compassion for his clients. He took the time to thoroughly explain my case, alleviating any concerns I had along the way. His exact words were “I’m not worried about it”. His unwavering support and guidance were invaluable throughout the entire process. I am immensely grateful for Alex's exceptional legal representation and wholeheartedly recommend his services to anyone in need of a skilled criminal defense attorney. Alex Z is not just a lawyer; he is a beacon of hope for those navigating the complexities of the legal system. If you find yourself in need of a dedicated and competent legal advocate, look no further than Alex Z.
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Taïko Beauty
2024-03-15
I don’t know where to start, I can write a novel about this firm, but one thing I will say is that having my best interest was their main priority since the beginning of my case which was back in Winter 2019. Miss Claire Banks, one of the best Attorneys in the firm represented me very well and was very professional, respectful, and truthful. Not once did she leave me in the dark, in fact she presented all options and routes that could possibly be considered for my case and she reinsured me that no matter what I decided to do, her and the team will have my back and that’s exactly what happened. Not only will I be liberated from this case, also, I will enjoy my freedom and continue to be a mother to my first born son and will have no restrictions with accomplishing my goals in life. Now that’s what I call victory!! I thank the Lord, My mother, Claire, and the Spodek team for standing by me and fighting with me. Words can’t describe how grateful I am to have the opportunity to work with this team. I’m very satisfied, very pleased with their performance, their hard work, and their diligence. Thank you team!
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Anthony Williams
2024-03-12
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2024-03-12
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2024-02-28
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divesh patel
2024-02-24
I can't recommend Alex Zhik and Spodek Law Firm highly enough for their exceptional legal representation and personal mentorship. From the moment I engaged their services in October 2022, Alex took the time to understand my case thoroughly and provided guidance every step of the way. Alex's dedication to my case went above and beyond my expectations. His expertise, attention to detail, and commitment to achieving the best possible outcome were evident throughout the entire process. He took the time to mentor me, ensuring I understood the legal complexities involved to make informed decisions. Alex is the kind of guy you would want to have a beer with and has made a meaningful impact on me. I also want to acknowledge Todd Spodek, the leader of the firm, who played a crucial role in my case. His leadership and support bolstered the efforts of Alex, and his involvement highlighted the firm's commitment to excellence. Thanks to Alex Zhik and Todd Spodek, I achieved the outcome I desired, and I am incredibly grateful for their professionalism, expertise, and genuine care. If you're in need of legal representation, look no further than this outstanding team.
  • Lack of Criminal Source – Argue funds did not come from illegal activity. For example, cash deposits from a legal business.
  • Lack of Knowledge – Claim you did not know the source of funds was criminal. For example, you thought deposits were from a family inheritance.
  • No Intent to Conceal – Argue you did not try to hide source of funds or make them appear legal. Deposits and transfers were done openly.
  • Duress – Argue you only laundered money due to threats of violence or harm by others.

An experienced money laundering defense lawyer can also scrutinize the prosecutions evidence and hold them to meeting their burden of proof.

What to Expect If Charged

Being charged with money laundering in San Francisco means your facing serious felony charges. Here’s an overview of what you can expect after getting charged:

  1. Arrest and Booking – Most money laundering defendants are arrested and booked into jail. This involves getting mug shots and fingerprints taken.
  2. Hearing and Bail – You’ll have a hearing within 48 hours to determine bail. Bail is usually set very high given the serious charges.
  3. Hiring a Lawyer – A money laundering lawyer can protect your rights, seek pretrial release, and start building a defense.
  4. Pretrial Motions – Your lawyer can file motions contesting evidence, requesting dismissal, or negotiating a plea bargain.
  5. Trial – If no plea bargain, prosecutors must prove charges beyond a reasonable doubt at trial. You can challenge evidence and testify on your own behalf.
  6. Sentencing – If convicted, you’ll face fines and jail time depending on amounts laundered and your criminal history.

Facing money laundering charges isn’t easy. But an experienced lawyer can help develop a strong defense and get the best possible outcome in your case. Don’t hesitate to seek legal help if charged in San Francisco.

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