Money Laundering Expert Charged with The Same Crime He Wrote About

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Jason B. Freeman

Jason B. Freeman

Managing Member

214.984.3410
jason@freemanlaw.com

Mr. Freeman is the founding member of Freeman Law, PLLC. He is a dual-credentialed attorney-CPA, author, law professor, and trial attorney.

Mr. Freeman has been named by Chambers & Partners as among the leading tax and litigation attorneys in the United States and to U.S. News and World Report’s Best Lawyers in America list. He is a former recipient of the American Bar Association’s “On the Rise – Top 40 Young Lawyers” in America award. Mr. Freeman was named the “Leading Tax Controversy Litigation Attorney of the Year” for the State of Texas for 2019 and 2020 by AI.

Mr. Freeman has been recognized multiple times by D Magazine , a D Magazine Partner service, as one of the Best Lawyers in Dallas, and as a Super Lawyer by Super Lawyers, a Thomson Reuters service. He has previously been recognized by Super Lawyers as a Top 100 Up-And-Coming Attorney in Texas.

Mr. Freeman currently serves as the chairman of the Texas Society of CPAs (TXCPA). He is a former chairman of the Dallas Society of CPAs (TXCPA-Dallas). Mr. Freeman also served multiple terms as the President of the North Texas chapter of the American Academy of Attorney-CPAs. He has been previously recognized as the Young CPA of the Year in the State of Texas (an award given to only one CPA in the state of Texas under 40).

Money Laundering Expert Charged with The Same Crime He Wrote About

Last year, 73-year-old Bruce Bagley was charged with money laundering after a sealed indictment was issued on October 24, 2019. The indictment laid out one count of conspiracy to commit money laundering and two counts of money laundering, as well as a provision for the forfeiture of Mr. Bagley’s assets.  Mr. Bagley is considered an expert in the field of organized crime and illicit financial transactions.

The charges stem from an alleged scheme in which Mr. Bagley received about $3 million in deposits from Swiss bank accounts and the United Arab Emirates. The funds are believed to be proceeds of a Venezuelan bribery and corruption scheme. Mr. Bagley allegedly kept approximately 10 percent of the proceeds of the $2.5 million that allegedly passed through his shell companies. After each deposit, Mr. Bagley allegedly deposited a large amount into an associate’s account.

The indictment alleges that Mr. Bagley received money from the foreign accounts, and used his shell company accounts and accounts of associates to launder money through them, retaining around 10% as a fee for his actions. The money was purportedly derived from graft and corruption in connection with Venezuela publics works projects.

Mr. Bagley is most well-known for serving as a professor of international relations at the University of Miami. In addition, he authored several books on the subject on money laundering, including the book Drug Trafficking, Organized Crime, and Violence in the Americas Today. Additionally, Mr. Bagley previously served as an expert witness for the defense and as an FBI consultant.

In statements to the media, Mr. Bagley has denied any involvement.  He is currently on leave from his job at the University of Miami. If convicted, Mr. Bagley faces up to 20 years in prison.

 

White Collar Defense Attorneys

Freeman Law represents companies, executives, and individuals in regulatory and white-collar government investigations and prosecutions. We employ a proactive approach to defend vigorously and strategically position our clients. White-collar matters often involve parallel regulatory and civil proceedings. Freeman Law can navigate the complexities and collateral consequences of multiple proceedings. And when it comes to the court of public opinion, we employ ethical and strategic tactics to manage publicity. Schedule a consultation or call (214) 984-3410 to discuss your allegations and investigations concerns.

 

Money Laundering Expert Charged with The Same Crime He Wrote About