Brown, PC has defended the taxpayers charged with serious crimes for 25 years. We represent high-profile individuals and companies with high-assets and, consequently, a lot to lose in a criminal prosecution. Our clients include accounting, legal, business and financial professionals whose reputations, careers, financial health and freedom are at stake. Our clients include top executives and highly-regarded industry leaders. In addition, we help some of the biggest financial institutions, accounting firms, law practices and consultancies in the country.
Texas money laundering lawyer Lawrence Brown is a former trial lawyer for the DOJ Tax Division, and thus familiar with the tactics and strategies used to prosecute tax crime cases. This insight is highly beneficial to helping our clients through what is often the most difficult experience of their lives. Our firm is known for our excellence and determination. We are often able to reach positive settlements or nolle prosecution agreements. We are also ready to take a case to trial to demand the government show proof.
What is Money Laundering?
In order to prove the taxpayer laundered money, the government must prove all elements of the crime, which are:
- The defendant knew that the property involved in a financial transaction was connected to the proceeds from an unlawful activity or conduct.
- The defendant intended to promote the furtherance of a specified unlawful activity or intended to violate tax evasion or tax perjury statutes.
Money laundering carries a steep sentence of up to 20 years in prison and fines of up to $500,000 or twice the value of the property involved in the money laundering scheme.
Money Laundering in the Context of §7201 Tax Evasion
§7201 governs the crime of tax evasion. The government relies upon this vague law to prosecute a wide-range of conduct that fall into two main categories:
- An attempt to evade or defeat assessment of tax
- An attempt to evade or defeat payment of tax
The government must prove that the tax evasion was willful and they must demonstrate an actual dollar amount the taxpayer owes. A taxpayer may be charged with money laundering perpetrated to evade taxes.
Money Laundering the Context of §7206 Tax Perjury
§7206 governs the crime of making false statements to the IRS. The government may prosecute a number of activities under this statute that meet these elements:
- The document that the taxpayer made and subscribed contained a false statement about a material fact.
- This document included a written declaration that the tax return, statement or document was true under the penalty of perjury.
- The taxpayer did not believe that all material facts were true and correct.
- The taxpayer intended to violate this law and acted willfully.
The government may prosecute the taxpayer for making false statements in relation to the laundered money, such as its source, whereabouts or value.
Consult with a Texas Money Laundering Lawyer As Soon As Possible
If you have been accused of money laundering, Brown, PC can help you. Our experienced Texas money laundering lawyer strategizes an aggressive defense to protect your rights. Contact us today to discuss the particulars of your case.