1/ “Structuring” is when you deliberately break down financial transactions until smaller amounts to avoid reporting requirements.
It is a federal crime, but is rarely charged and is usually charged alongside more serious crimes or occasionally in lieu of those crimes.
It is a federal crime, but is rarely charged and is usually charged alongside more serious crimes or occasionally in lieu of those crimes.
2/ For example, former House Speaker Dennis Hastert was charged with structuring because prosecutors couldn’t charge him with his child sexual abuse.
Epstein’s attorney should be concerned about his own liability, given that he asked how to evade requirements.
Epstein’s attorney should be concerned about his own liability, given that he asked how to evade requirements.
3/ I would not be surprised if SDNY federal prosecutors tried to put pressure on this attorney in order to convince him to cooperate against Epstein’s other associates.
But any cooperation would be complicated by potential attorney-client privilege issues.
But any cooperation would be complicated by potential attorney-client privilege issues.
4/ I’ve prosecuted lawyers (and later represented lawyers who were under investigation), and prosecuting a lawyer is never easy.
Immunity in exchange for the lawyer’s cooperation is a possibility, depending on what the lawyer did and how helpful he can be. /end
Immunity in exchange for the lawyer’s cooperation is a possibility, depending on what the lawyer did and how helpful he can be. /end
