Money Laundering - South Carolina Criminal Defense

May 16, 2022

Money Laundering is the way in which money from illegitimate sources is turned into seemingly legitimate revenue. By hiding the origin of the money through complex financial procedures money is deemed ‘washed’ or ‘clean.’

 

Money Laundering, like many other white-collar crimes, involves a process of complex financial and banking instruments being used. Not all lawyers are capable or knowledgeable in defending someone accused or charged of this.


Peter McCoy and the McCoy Law Group have both the experience and knowledge to defend you or your business. Peter has been a US Attorney in South Carolina, as well as a State House Representative. Few other attorneys have the experience Peter offers.



Defenses to Money Laundering

Conspiracy involves both an attempt (or plan) and an execution of a criminal act. Essentially, a crime, which is planned by more than one person, does not actually need to occur to be charged with conspiracy.


If you’ve been charged with money laundering that means that an extensive investigation has probably taken place. Every last detail of your case needs to be analyzed by our expert attorneys. There are always legal avenues that we can explore and strategies to get your defense on its best footing.

 

The typical money laundering scheme involves 3 stages. The first is the structuring stage. Cash which has been ill-gotten goes into a bank account connected to a legitimate business. The second stage is called layering. At this step of the process layers are created so that the origin of the cash cannot be traced. The last step is integration. Integration involves putting the money that has been laundered back into circulation. What does this mean? Essentially at this step of the process the money can actually be used.

South Carolina Lawyer with 20 years experience - McCoy Law Group

Peter McCoy has over 20 years of legal experience in South Carolina. From working with local district attorneys to being the US Attorney for South Carolina based out of Charleston he has an almost unmatched level of expertise in South Carolina. If you’re facing money laundering accusations or charges – contact us today.

Federal Corporate Fraud: What You Need to Know

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The world of business can be exhilarating, offering opportunities for growth, innovation, and financial success. However, it's important to acknowledge that the corporate realm isn't immune to illegal activities. Among these is the intricate web of corporate fraud, which can entangle unsuspecting individuals in serious legal troubles. At The McCoy Law Group, we know how easily individuals can find themselves embroiled in corporate crime, and the complexities surrounding corporate fraud cases. We’re here to offer pertinent information and reliable legal guidance should you need it. Here is what you need to know should you find yourself accused of this corporate crime.

Uncovering Fraud: A Guide to Federal Qui Tam Cases

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Have you ever come across fraudulent activities that are harming the government? If so, you might have the power to bring these wrongdoings to light and make a significant impact. This is where "qui tam" comes into play – a powerful legal tool designed to fight fraud against the government. The prospect of filing a lawsuit against an employer, a client, or someone of a higher position than you may seem intimidating and worrying, but it is your moral obligation to report any wrongdoing. With qui tam and the McCoy Law Group at your side, rest assured that your case will be handled effectively and with the utmost protection of your rights. We are here to guide and support you in your journey to reveal fraud and protect the public interest.

Understanding the Federal Crime of Insurance Fraud

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Insurance fraud has existed since the inception of insurance itself. Consequently, it is one of the better-known white-collar crimes within the American legal system. Although insurance fraud does not carry the most severe penalties, being convicted of this crime can still significantly impact your daily life. It can lead to fines, imprisonment, and other sanctions. At McCoy Law Group, we understand the gravity of insurance fraud allegations and the impact they can have on individuals and businesses. If you are facing federal charges related to insurance fraud, take immediate action and seek the guidance of our experienced federal criminal defense attorney.

Defending Against Federal Mortgage Fraud Charges in South Carolina

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South Carolina Drug Crimes: Classifications and Possible Resolutions

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Drug crimes in South Carolina are taken very seriously. Even if you have no prior criminal record or if the drugs don't belong to you, you could still face severe punishment when convicted of a drug crime. If you or someone you know is facing drug crime charges, it's crucial to understand the legal implications and your options for defense. At McCoy Law Group, our experienced drug crime lawyer can provide you with the guidance and support you need to build a successful defense and the best possible outcome for your specific situation.

Navigating Embezzlement Charges in South Carolina

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Embezzlement is a serious crime that can have significant consequences for those who are accused. If you or someone you know is facing embezzlement charges, it's important to understand the law, your rights, and the options available to mount a strong defense. At The McCoy Law Group, we are here to help you navigate this challenging situation and fight for the best possible outcome.

Felony DUI in South Carolina: What You Need to Know

April 27, 2023
Driving under the influence (DUI) is a serious offense in South Carolina that can have severe consequences. Not only can it lead to imprisonment and fines, but it can also result in a permanent criminal record that can affect your employment prospects and reputation. DUI laws aim to keep our roads safe by penalizing drivers who operate a vehicle while under the influence of alcohol or drugs. While DUI is a misdemeanor in South Carolina, felony DUI is an even more severe offense. If you or a loved one has been charged with felony DUI in South Carolina, it is crucial to contact the McCoy Law Group as soon as possible. Our experienced legal team is here to help you navigate the complex legal process and achieve the best possible outcome for your case.

When Retaliation Strikes: Protecting Whistleblowers’ Rights

April 3, 2023
As a whistleblower, you have the right to report tax fraud, and it's important to do so for the good of society. But what happens if you're retaliated against for doing the right thing? Our firm understands how scary it can be to come forward and report fraud. That's why we want you to know that you have rights and protections under South Carolina law. We also have reliable whistleblower retaliation lawyers ready to fight for you if you experience retaliation.

Tax Whistleblower Cases: Why Blow the Whistle?

March 15, 2023
Tax fraud is a serious crime that can cause significant damage to the economy, and those who commit it can face hefty fines and even jail time. Fortunately, the law provides a way for individuals who have information about tax fraud to report it to the authorities and receive a reward for doing so. These individuals are called tax whistleblowers, and they play a crucial role in helping to identify and prosecute tax fraud. At the McCoy Law Group, we understand the importance of tax whistleblowers in uncovering tax fraud, and we are committed to helping individuals who have information about tax fraud to come forward and report it. Peter McCoy, the founder of our firm, is a seasoned attorney who has spent his career fighting for justice and upholding the law. As a former United States Attorney and former member of the South Carolina State House of Representatives, he has the experience and expertise needed to help whistleblowers navigate the complex process of reporting tax fraud.

The Importance of Product Liability Cases

March 1, 2023
Product liability is an area of law that holds manufacturers, distributors, and sellers responsible for placing dangerous or defective products on the market. When these products cause someone to get hurt or injured, product liability lawsuits are legal actions that the injured parties can take against those responsible. Peter McCoy and the McCoy Law Group represents clients who have been injured as a result of defective products, and we fight to ensure that our clients receive the compensation they deserve. If you or someone you know has been injured due to a defective product, it is important to contact a product liability attorney as soon as possible. At the McCoy Law Group, we offer free consultations to potential clients, and we can help you determine whether you have a valid claim. We encourage you to contact us today to discuss your case and learn more about your legal rights. 
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