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Articles by Minnesota Criminal Defense Lawyer Carolyn Agin Schmidt

White Collar Crime 101: The Nitty Gritty of Money Laundering

Contrasted with the innocence of our everyday domestic laundry endeavors involving detergent and clotheslines, money laundering can land you in prison. What’s more, if you’re at all involved in a money laundering scheme, you could be punished. If you’ve seen the 1995 movie Heat with Robert De Niro and Al Pacino, you’ll understand a bit about how money laundering works (if you haven’t, put it on your list of movies to watch).

White Collar Crimes Carry Big Sentences

White collar crimes may seem harmless to some, as no one is physically hurt by deeds such as forgery or fraud. But these are crimes Minnesota and federal authorities take very seriously, and convictions can bring long sentences. A few recent Minnesota cases illustrate this point:

 What Is A “White Collar” Crime?

“White collar” crimes are typically nonviolent crimes that involve financial deception. These crimes may be committed knowingly or unintentionally. Many first-time offenders are otherwise law-abiding citizens who have engaged in illegal activity out of ignorance of the law or out of desperation due to economic difficulty. Such economic difficulty may arise as a result of factors such as gambling, drug addiction or family financial difficulties.

Check Fraud and Forgery

A person oftens commit fraud or forgery when facing financial issues. Whether it was a desperate situation, a poor decision, or a complete misunderstanding, check fraud or forgery is a serious criminal charge to face. No matter the reason, Carolyn Agin Schmidt will be by your side to aggressively defend you. She is a top-rated and awarded criminal defense lawyer that is ready to help. 

Are you being charged with check fraud?

Severe criminal charges like check forgery and fraud require a highly experienced criminal defense attorney. Carolyn has been defending individuals facing check fraud for over 26 years. If you wrote a check that bounced (this is also called a “bad check”), you may be facing this charge.

What is check fraud?

Check fraud is a criminal act in which someone unlawfully uses checks to illegally acquire funds that don't exist or funds from the legal account holder.

Check fraud penalites and consequences:

Value was $500 or more - Up to 5 years in prison and $10,000 in fines.

Value was $250-$500 - Up to 1 year in jail and $3,000 in fines.

Value was less than $250 - Up to 20 days in jail and $1,000 in fines.

Forgeryminneapolis check fraud forgery

Forgery is a felony that is punishable up to 3 years in prison and up to $5,000 in fines. You may face this charge if you had forged a document that isn’t listed in the categories below.

Aggravated Forgery

Aggravated Forgery is a more serious than forgery charge. This felony charge is punishable by up to 10 years in prison and up to $20,000 in fines.

What is forgery?

Forgery, like check forgery, is when the drawer's signature is forged with the intent to defraud a person or institution.

Aggravated forgery charges include any of these actions:

  • Bank records (like a check)

  • Public records

  • Official Corporate Seal

  • Document that contains legal rights

Your Minneapolis Check Fraud Attorney

Get Carolyn’s advice today with a free consultation. Carolyn will let you know what your options are when facing your fraud or forgery charge. She proudly serves Minneapolis and the surrounding area. Click here to read about the types of fraud in Minnesota.

Each case is different, so discuss your unique situation with us today at (763) 591-0552 or click the button below.

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