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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"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 -
"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 felt comfortable and confident by his ability and his upfront attitude."
Mr. Mirer and his staff handled my case with the utmost professionalism. They remain down to earth, friendly, compassionate. I felt comfortable and confident by his ability and his upfront attitude. He made my fears disappear and helped to assure my freedo- Former Client -
"You're very sincere, professional, empathetic, and compassionate."
Thank you, Michael for all your help during the different cases that you handle for us. You're very sincere, professional, empathetic, and compassionate. Since day one, you exude confidence and trust, and you didn't let us down. Always you found the way to- Former Client -
"Michael Mirer helped me get through the worst ordeal of my life and for that I will always be grateful."
Best Attorney out there hands down. It's been over ten years since I found myself in the worst predicament of my life. Michael Mirer helped me get through the worst ordeal of my life and for that I will always be grateful.- Former Client -
"Thank you, Michael for getting charges dropped."
Responsible, honest, on time, great at communicating, and professional. Best in the business! I recommend 1000% to anyone needing a criminal lawyer. Thank you, Michael for getting charges dropped.- Jesus R.