Ask anyone in Brazil and they will tell you that Bruno Fagali is a world-renowned expert in administrative law and regulatory law. You want the best representation when it comes to Brazilian compliance law, regulatory law, or administrative law this is definitely the individual you need to talk to.
Although it’s not necessarily a requirement for his profession, Bruno Fagali also likes to stay abreast of all of recent topics in his branch of law. This is why he keeps a blog with a fairly solid readership.
One important topic to know was recently covered in a piece entitled, “Reward Up To Five Million For Anyone Reporting Foreign Corruption Assets Being Laundered In The United States.” Apparently, officials in both Brazil and the United States realize that money laundering is an extremely serious offense.
Indeed, the ramifications of money laundering are particularly severe. For money laundering to occur, usually means that other crimes have taken place. This is usually the money received as a result of those crimes. For instance, money laundering from foreign governments because of stolen assets occurs a great deal of time in American banks according to fagali.com. Bruno Fagali and the members of his legal team realize this, and that is one of the main reasons why they enthusiastically applied this decision to grant a fight million-dollar reward to anyone that turns in money laundering in the United States from a foreign government.
Of course, it is also important to understand what the definition of money laundering is. Simply put, money laundering is the effort to make money that was obtained through illegal means (i.e. “dirty money”) to be transferred into a banking institution to appear “clean.” The crime the money was obtained from could be as a result of drugs, human trafficking, or from foreign dictatorships. There is no question this just barely scratches the surface, but it is truly a good explanation as to why Bruno Fagali and his team are encouraged regarding the new $5 million award authorization.
Bruno Fagali one of the most reputed lawyers in Brazil, based out in Sao Paulo. Bruno Fagali completed his studies in law from the University of Sao Paulo and worked with some law firms in the country after that.
Visit fagali.com for more details about Bruno Fagali.