Money Laundering

(credit: DOJ)

Feds Slap New Cash Reporting Rules On Fashion District Businesses

Federal authorities on Thursday slapped new financial reporting rules on 2,000 businesses in the Fashion District of Los Angeles in an effort to curtail suspected Mexican drug money laundering after massive amounts of cash were seized in a raid.

10/02/2014

(credit: DOJ)

Feds Raid Downtown Fashion District In Drug Cartel Money Laundering Sweep

Federal authorities Wednesday arrested nine people and seized approximately $65 million in cash in a massive sweep of the Fashion District that targeted money laundering for Mexican drug cartels.

CBS2 / KCAL9–09/10/2014

U.S. Customs and Border Protection officers at the San Ysidro port of entry intercepted more than $383,561 in unreported U.S. currency on Dec. 8. (courtesy USDHS)

Dutch Man Pleads Guilty In LA To Running Drug Hub

A U.S. attorney’s statement says 45-year-old Marc Peter Willems entered the plea to federal drug trafficking and money laundering charges in L.A. Wednesday.

09/03/2014

Dr. Andrew Sun, 78, of La Mirada was found guilty by a federal jury of illegally peddling prescription painkillers. (credit: DEA)

La Mirada Doctor, 78, Guilty Of Drug Trafficking, Money Laundering

Dr. Andrew Sun, 78, of La Mirada was found guilty of illegally distributing painkillers like Norco, Hydrocodone and Vicodin.

08/15/2014

justice courthouse

LA Doctor Charged With Drug Trafficking, Money Laundering

A Los Angeles-based doctor surrendered Thursday to federal authorities after being indicted on charges that he had illegally distributed drugs, including painkillers that are considered to be powerful and addictive.

04/10/2014

(credit: Kevork Djansezian/Getty Images)

Mexico, Attorneys General From 5 States Sign Pact To Fight Money Laundering

The top prosecutors from five U.S. states have signed an agreement with the National Banking and Securities Commission of Mexico to fight the illegal transfer of money across international boundaries.

CBS2 / KCAL9–03/25/2014

(credit: CBS)

Man Accused Of Milking $17M From Investors In OC’s Largest-Ever Ponzi Scheme Surrenders

Adam Boskovich, of Laguna Niguel, has surrendered on a warrant to face charges of cheating 80 Orange County investors out of millions of dollars.

KNX 1070 NEWSRADIO–10/24/2013

(credit: CBS)

Lights Over Paris Singer Gets 7-Year Prison Term For Bank Scam

The frontman of the Los Angeles rock band Lights Over Paris was sentenced to seven years in prison Monday after bilking more than $11 million from banks and using it to fuel his fantasy of being a rock star, prosecutors said.

CBS2 / KCAL9–10/21/2013

(credit: Kevin Horan/Getty Images)

Northridge Man Gets Prison In Medicare Fraud Plot

A Northridge man was sentenced Friday to more than three years in prison for his role in a scheme to fraudulently bill Medicare and Medicaid more than $21 million for medical tests at New Orleans-area clinics.

05/25/2013

(credit: Associated Press)

Toy Company Co-Owner Sentenced In Drug-Money Plot

The co-owner of a Los Angeles County toy company was sentenced Monday to eight months in prison for her role in a money laundering scheme that prosecutors say involved millions of dollars in Colombian and Mexican drug money.

05/06/2013

(credit: CBS)

Former LA ‘Queen Pin’ Discusses Her Journey From Drug Dealing To Redemption

In the 1980s and early 90s, Jemeker Thompson-Hairston was one of the biggest drug dealers in Los Angeles. Seven years after her release from prison, she has turned her life around, founding a ministry and detailing her journey from drugs and money laundering to faith in a new memoir.

05/01/2013

(credit: CBS)

2 Canadians Charged In Drug Money Scheme

Two Canadians were arrested on suspicion of selling marijuana and ecstasy in the U.S. and spending the proceeds on cocaine they planned to smuggle to Canada, federal authorities said Friday.

03/30/2012

generic_graphic_jus-courts_scales_of_justice

2 Arrested In $2 Million Movie Ad Scheme

Two Southern California men have been indicted for allegedly defrauding Lionsgate Entertainment out of $2 million in a kickback scheme involving the purchases of cardboard advertising displays.

03/24/2012

generic_graphic_jus-courts_scales_of_justice

SoCal Woman, 70, Indicted In Alleged Cough Syrup Ring

Authorities say a 70-year-old Southern California woman and her son are among four people indicted for money laundering as part of a narcotics scheme to send a powerful and often-abused cough syrup from California to Texas, where it was sold for the street concoction “purple drank.”

11/05/2011

Bel-Air Man Gets Nearly 6 Years For Concealing Assets And Threatening Process Server

A Bel-Air man who declared bankruptcy, then hid his assets and threatened a process server with a golf club, was sentenced Tuesday to nearly six years behind bars.

CBS2 / KCAL9–10/18/2011

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