Houston Money Laundering Attorney

Houston Money Laundering Defense Attorney

While money laundering can be charged as a federal offense if the funds travel across state lines, the State of Texas specifically defines the crime under their penal code. Texas Penal Code Chapter 34 defines money laundering as when a person knowingly:

  • “Acquires or maintains an interest in, conceals, possesses, transfers, or transports the proceeds of criminal activity;
  • Conducts, supervises, or facilitates a transaction involving the proceeds of criminal activity;
  • Invests, expends, or receives, or offers to invest, expend, or receive, the proceeds of criminal activity or funds that the person believes are the proceeds of criminal activity; or
  • Finances or invests or intends to finance or invest funds that the person believes are intended to further the commission of criminal activity.”

Penalties for Texas Money Laundering

The penalties for committing money laundering in Texas depend on the value of the funds involved. Money laundering is a felony offense in Texas. Depending on the charges, you could face a fine of up to $10,000 and up to life in prison.

  • If the amount of the funds is $2,500 to under $30,000, you can be convicted of a state jail felony.
  • If the value of the funds is $30,000 or more but does not exceed $150,000, you can be charged with a third-degree felony.
  • If the amount of the funds is $150,000 or more but does not exceed $300,000, you can be convicted of a second-degree felony.
  • Finally, if the value of the funds involved is $300,000 or more, you can be convicted of a first-degree felony.

Get Help Today

If you are being investigated for money laundering, you need a respected criminal defense attorney to fight the charges. Attorney James Alston is a leading money laundering defense lawyer in Houston. He has experience defending both state and federal white-collar crime charges and can help you get the best possible outcome in your case.

If convicted of money laundering, you could face significant jail time. You cannot afford to trust your freedom to an inexperienced lawyer. You need a former state and federal prosecutor who will vigorously defend your rights. Contact James Alston Law today to schedule a consultation at (713) 228-1400.