The Rise of the Civil Money Laundering Prosecution
Partner Jeffrey Alberts, head of the firm's White Collar Defense and Investigations practice, authored the New York Law Journal article “The Rise of the Civil Money Laundering Prosecution.” The article discusses the complexity of litigating civil money laundering claims brought against individuals.
Where prosecutors are concerned about their ability to prove criminal money laundering charges, a civil money laundering claim allows them to proceed with a lower standard of proof and to pursue money damages that can be satisfied with any of the defendant’s assets, not just those specifically identified in the complaint. Additionally, civil money laundering claims can affect potential criminal charges and other civil claims.
To read the article in its entirety, please click here.
