Miami Money Laundering Lawyer
What is Structuring in Money Laundering?
Have you been accused of money structuring? The government—particularly the IRS—relies on banking and financial reports to identify large deposits of money for tax collection purposes. "Money structuring" is the act of breaking these large cash deposits down into smaller sums in order to conceal the actual size of the transaction.
If you have been accused of money structuring, then we invite you to contact the Law Office of Michael Mirer, P.A. today. Attorney Mirer was formerly the Assistant State Attorney in Miami-Dade County and now provides unparalleled legal insight for clients facing state or federal charges. He has successfully navigated over 100 trials and always aggressively endeavors to secure the best possible outcome for his clients.
Do not hesitate to start countering the allegations against you for money structuring. Contact our firm for a free consultation today.
Is Money Structuring a Crime?
Money structuring (or "smurfing" as it is sometimes called) is described in 31 U.S. Code § 5324. It prohibits breaking down large deposits into smaller deposit amounts of less than $10,000.
It is federal law that all banks and financial institutions report deposits of $10,000 or more, so when a pattern of significant cash deposits of less than $10,000 emerges, it becomes suspected that a larger transaction is being concealed for tax evasion or money laundering purposes.
Money structuring is a felony that can result in:
- Up to five years in prison
- Fines in accordance with Title 18 of the U.S. Code
It should also be noted that money structuring can be charged even if the source of the money is legal and if the suspect pays the proper income tax on the cash in question.
Defense Against Structuring Charges
If you've been accused, then we invite you to contact our firm today. An award-winning, aggressive Miami money laundering attorney is prepared to hear your story and provide you the emphatic, seasoned defense for the serious charges you face.
It is possible to face the allegations against you with confidence. Call us at the Law Office of Michael Mirer, P.A. today.
Hear From Our Clients
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"Michael Mirer listens, respects and comforts you by his knowledge of the law. All the charges were dropped against my son."
My college student got into trouble he was not guilty of the things he was charged with. He was only guilty of being a typical college student. I will never forget the call I got that night. My son that never even got a detention was in serious trouble. We- Former Client -
"Attorney Micheal Mirers had aforesaid person out on bail within 12 hours of his arrest."
My family member was indited and charged with conspiracy. Attorney Micheal Mirers had aforesaid person out on bail within 12 hours of his arrest. Attorney Micheal did not hesitate for one minute, he brought forth an expert witness to help argue our case. W- Former Client -
"I hired Mr. Mirer and the next day he was on the case."
I was going through the reviews for Mr. Michael Mirer and I liked what I saw and hired him. He helped me with my husband’s felony case and helped him get out of jail without having to do any jail time – I’m so happy with the results! I hi- Former Client -
"After over a year of rather complex negotiations by Mr. Mirer with various legal authorities, I returned home to the USA as a free man."
I say that without exaggeration. I've been on the run as a fugitive for the past 13 years...but finally, the run is over. I had been living 6,000 miles away from the USA, but wanted to come back home. I knew I would need nothing less than the absolute best- Former Client -
"He knows what he is doing and is the best! Choose Michael Mirer and you won't regret it!"
I highly recommend Michael Mirer to anyone in need of a criminal defense lawyer! Michael has helped me out with several cases that could've led to some pretty lengthy jail time, but I didn't get any. He knows what he is doing and is the best! Choose Michae- Former Client -
"My case was dismissed and we are in the process of expunging my record. I am forever grateful to Michael."
My case was dismissed and we are in the process of expunging my record. I am forever grateful to Michael.- Former Client