January 25, 2007 - United States Attorney Patrick L. Meehan today announced that a federal grand jury returned a thirty-one count indictment* charging Francisco Lopez with money laundering, in violation of 18 U.S.C. § 1956(a)(3). According to the indictment, between February 20, 2004 and November 16, 2005, Lopez conducted financial transactions with the intent to promote the carrying on of a specified unlawful activity.
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DEFENDANT |
ADDRESS |
AGE [Date of Birth] |
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Francisco Lopez |
Philadelphia, PA |
Age 62 |
If convicted the defendant faces a maximum possible sentence of 620 years, a term of supervised release of not more than 3 years, a fine of $15,500,000, and a special assessment of $3,100.
The case was investigated by the Department of Homeland Security, Bureau of Immigration and Customs Enforcement, and has been assigned to Assistant United States Attorney Roberta Benjamin.
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UNITED
STATES ATTORNEY'S OFFICE EASTERN DISTRICT, PENNSYLVANIA Suite 1250, 615 Chestnut Street Philadelphia, PA 19106 |
Contact: RICH MANIERI Media Contact 215.861.8525 |
*An Indictment or Information is an accusation. A defendant is presumed innocent unless and until proven guilty.
Benjamin Franklin Photo by B. Krist for the Greater Philadelphia Tourism Marketing Corporation