Federal prosecutors are considering dropping obstruction of justice charges against a prominent Miami lawyer accused of accepting dirty funds from a client. In February, the U.S Attorney's Office in Miami charged Benedict Kuehne of helping to disguise narcotics proceeds that were a portion of more than $5 million in fees paid by a drug trafficker to his defense lawyer. Kuehne, who was hired by the defense attorney to verify whether the money was clean, created false documentation to hide the money's source, prosecutors said. But in court documents filed Monday, prosecutors said that there have been "discussions" at the Justice...
The U.S. Justice Department dropped its controversial money-laundering case Wednesday against a prominent Miami lawyer who had vetted legal fees for a second attorney defending a Colombian drug lord.
A federal judge's decision to drop a money laundering charge against a Miami attorney accused of vetting dirty money will increase the burden of proof for prosecutors, say former officials.
A financial regulator should drop its case against attorney Carlos Loumiet, who it accused of covering up the fraud that led to the dissolution of a Miami bank, an administrative law judge said Tuesday.
Banking attorneys are closely watching the trial of Miami lawyer Carlos Loumiet for allegedly helping to hide a massive bank fraud, a case they say could disrupt the independent review process often used to vet anti-fraud and anti-money laundering controls.
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