MN Money Laundering Attorney

What is money laundering?

Minneapolis, MN criminal defense lawyer Andy Birrell explains what money laundering is.

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00:04
money laundering
00:05
is the concealment of the origins of
00:09
illegally obtained money so the idea is
00:12
to conceal
00:13
where it cream from and make it look
00:15
like it came from somewhere else so that
00:17
it’s legal and can be spent
00:19
this is a charge that we see often in
00:23
fraud indictment so mail fraud wire
00:25
fraud
00:26
you’re likely to see a money laundering
00:28
count
00:29
identity theft you’re likely to see a
00:32
money laundering count
00:34
this is done for a number of reasons in
00:36
these indictments one is it sounds
00:38
terrible
00:39
so the juror is told that this person
00:41
accused the money laundering
00:42
which makes them sound like a real
00:44
sophisticated crook and the other thing
00:46
that it does is
00:47
it raises their sentencing guidelines
00:50
uh range or a potential sentence if
00:53
they’re convicted so
00:55
generally speaking that’s what money
00:57
laundering is understood to be in the
00:59
federal criminal system

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