How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
A new question is answered every 9 seconds
Ask a Legal question
Type Your Legal Question Here...
characters left:
16 Lawyers are Online Now

Money Laundering Questions

Money laundering refers to concealing money that was gained by illegal means such as prostitution, gambling, and drug trafficking are just a few of the ways money can be laundered. While the money is gained illegally, the money is then put into legal businesses so to all outward appearances, the money earned through the business is legitimate. Take a look at the money laundering questions below that were answered by Experts.

What is money laundering?

Money laundering is the act of acquiring money from illegal activities and covering the origins of the money by having a legitimate business. For example, someone earns large amounts of money by operating an illegal gambling hall and opens an honest business and puts the illegal money into the honest business. To all outward appearances, it looks like the criminal is operating a legitimate business and is doing well.

How can a person convicted for money laundering obtain employment?

Generally, a person would consult with a criminal Defense Attorney who is familiar with expungements. When people have their records expunged, most background checks won't reveal a conviction. Another plus to having your record expunged is you could honestly say you have no convictions. Another option would be to look at jobs that usually don't require background checks. While most of these jobs aren't the best, it gives a person an opportunity to make money.

You could always consider starting a business. You could be your own employer and skip the background check altogether. If you have a business in mind, you may want to check on the licensing before you start. You want to make sure money laundering wouldn't bar your chances of acquiring a license.

Some people set out to better themselves and focus more on what they can do for the community instead of what the community can do for them. By volunteering or donating time to charities and the less fortunate, many people put a huge gap between the person they used to be and the person they are now. Going back to school to improve an education or learn special skills is also another way of self improvement. All of these options help a person move forward.

How is money laundering connected to a number of other criminal activities?

Prostitution, embezzlement, bribes, and illegal gambling are just a few of the crimes related to money laundering. Organized crime is notorious for earning money through these types of crimes and sifting the money through legal "storefronts" as a way of hiding the illegal activity. By laundering money, the criminal activity can continue and flourish. Racketeer Influenced and Corrupt Organizations act (RICO) makes any activity which screens or hides criminal activity illegal.

I am possibly under money laundering investigation. I was changing good US checks into US dollars overseas until my Bank closed my accounts. I'm in Israel, what can I do?

Usually Israel won't extradite one of their citizens. If you are a US citizen in Israel, that may be a different situation. If you are a foreigner living in Israel, you could possibly face prosecution in Israel for crimes that you have committed overseas. While you may have some protection by being in Israel, you should handle the matter now before it worsens.

If you are being investigated in the US and the authorities are searching for you, you should consider retaining a US attorney. The attorney can look into the situation, ensure the right things are said to the authorities, and possibly clear the mess up before it goes any further.

Money laundering is illegal and can create a landslide of legal issues if a person gets caught. Not only will the legal ramifications affect a person for the rest of their life, the chances of a normal life will become a burden, especially when the person tries to find employment. If you have questions regarding money laundering, you should ask an Expert.
Ask a Legal question
Type Your Legal Question Here...
characters left:
16 Lawyers are Online Now

How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

JustAnswer in the News:

 
 
 
Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.
 
 
 

What Customers are Saying:

 
 
 
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
< Last | Next >
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
  • This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!! Alex Los Angeles, CA
  • Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult. GP Hesperia, CA
  • I couldn't be more satisfied! This is the site I will always come to when I need a second opinion. Justin Kernersville, NC
  • Just let me say that this encounter has been entirely professional and most helpful. I liked that I could ask additional questions and get answered in a very short turn around. Esther Woodstock, NY
  • Thank you so much for taking your time and knowledge to support my concerns. Not only did you answer my questions, you even took it a step further with replying with more pertinent information I needed to know. Robin Elkton, Maryland
  • He answered my question promptly and gave me accurate, detailed information. If all of your experts are half as good, you have a great thing going here. Diane Dallas, TX
 
 
 

Meet The Experts:

 
 
 
  • Ron

    ASE Certified Technician

    Satisfied Customers:

    21224
    23 years with Ford specializing in drivability and electrical and AC. Ford certs and ASE Certs
< Last | Next >
  • http://ww2.justanswer.com/uploads/FO/fordguy4u/2011-12-17_222940_HPIM1257.64x64.JPG Ron's Avatar

    Ron

    ASE Certified Technician

    Satisfied Customers:

    21224
    23 years with Ford specializing in drivability and electrical and AC. Ford certs and ASE Certs
  • http://ww2.justanswer.com/uploads/lyeung1/2010-07-25_032152_tn_IMG_0241.JPG Dr. Y.'s Avatar

    Dr. Y.

    Urologist

    Satisfied Customers:

    18398
    I am fellowship trained specializing in general urology and reconstructive urology.
  • http://ww2.justanswer.com/uploads/docjohn174/2008-12-13_170143_johnask.jpg John's Avatar

    John

    Home Appliance Technician

    Satisfied Customers:

    13453
    Appliance repair business owner for over 43 years.
  • http://ww2.justanswer.com/uploads/MU/multistatelaw/2011-11-27_173951_Tinaglamourshotworkglow102011.64x64.jpg Tina's Avatar

    Tina

    Lawyer

    Satisfied Customers:

    8496
    JD, BBA Over 25 years legal and business experience.
  • http://ww2.justanswer.com/uploads/dermdoc19/2010-09-30_160749_Photo_122807_015.JPG dermdoc19's Avatar

    dermdoc19

    Dermatologist

    Satisfied Customers:

    3857
    30 years practice in general and cosmetic dermatology
  • http://ww2.justanswer.com/uploads/BI/birddoctor/2012-6-22_173214_birddoctor.64x64.png Dr. Pat's Avatar

    Dr. Pat

    Bird Veterinarian

    Satisfied Customers:

    3384
    25+ years working primarily or exclusively with birds
  • http://ww2.justanswer.com/uploads/RY/rydergar/2012-6-6_192240_IMG0328.64x64.JPG Dr. Gary's Avatar

    Dr. Gary

    Cat Veterinarian

    Satisfied Customers:

    3299
    DVM, Emergency Veterinarian, BS (Physiology)