MONEY LAUNDERING LAWYER SWITZERLAND
MONEY LAUNDERING IN SWISS LAW
Geneva White Collar Crime Attorney
Understanding Money Laundering under Article 305bis of the Swiss Criminal Code:
Money laundering is generally defined as the concealment of illegally obtained funds. It is considered a felony under Article 305bis of the Swiss Criminal Code, which aims to prevent various acts designed to disguise the origins of money derived from criminal activities, ensuring such funds do not infiltrate the legitimate financial system.
In essence, money laundering pursuant to Article 305bis of the Swiss Penal Code encompasses any action aimed at obstructing the identification, discovery, or confiscation of assets known or presumed to be acquired through criminal means. If found guilty, individuals may face custodial sentences of up to five years. Additionally, monetary penalties may also be imposed. Corporate entities may also face criminal investigations for money laundering related activities within their corporations (more on this here).
GENEVA MONEY LAUNDERING ATTORNEY
Representing Victims of Money Laundering in Geneva, Switzerland
As a former white collar crime assistant federal prosecutor, our Geneva criminal defense lawyer Shayan Farhad can expertly represent you.
For victims of money laundering in Switzerland, the legal system provides robust mechanisms for seeking justice, including the potential for asset recovery and financial restitution. Convictions for money laundering can lead to significant fines and potentially prison sentences for the offenders, especially when associated with organized crime. Plaintiffs can pursue civil actions to claim compensation for damages incurred due to money laundering activities.
If you are a victim of money laundering in Switzerland and seeking to pursue legal action against those responsible, it is essential to have expert legal representation. A knowledgeable attorney can guide you through the complexities of the Swiss legal system, help build a strong case, and work towards recovering lost assets and securing justice.
Our Geneva criminal defense law firm provides representation for clients across all regions of the French-speaking part of Switzerland (Suisse Romande), in addition to handling cases at the federal level.
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