Reno Man Sentenced to 20 Months in Federal Prison for Unlawful Deposits of Monies from Pseudoephedrine Sales
Reno, Nev. - A Reno man was sentenced to 20 months in federal prison today for his guilty plea to structuring financial transactions to avoid IRS reporting requirements, announced Daniel G. Bogden, United States Attorney for the District of Nevada.
EFREN RODRIGUEZ, age 25, of Reno, pleaded guilty to the charge on September 15, 2005, admitting that between December 11 and December 15, 2000, he knowingly structured 12 bank deposit transactions with US Bank in Nevada totaling $93,500 for the purpose of evading the reporting requirements to the IRS. The transactions were each in dollar amounts less than $10,000, and nine of them were made on December 14, 2000, at one-half hour intervals. He admitted that the deposits were the proceeds of an unlawful activity, or were intended to promote unlawful activity, the sale of pseudoephedrine. He further admitted that the deposits were part of a pattern of illegal activity occurring from November 30, 2000, to January 11, 2001, involving approximately $497,728.
Pseudoephedrine is classified under federal law as a List I Chemical, a chemical that is used in manufacturing a controlled substance. Pseudoephedrine is a common ingredient in over the-counter cold medication and is one of the precursor chemicals used in the manufacture of methamphetamine.
Judge McKibben also ordered that EFREN RODRIGUEZ be placed on three years of supervised release following his release from prison, and that he serve 60 hours of community work service.
The case was investigated by Special Agents with IRS Criminal Investigation and the Drug Enforcement Administration, and prosecuted by U.S. Attorney Daniel G. Bogden and Assistant United States Attorney Craig Denney.