U.S. Department
of Justice
Boston Man Pleads Guilty To Money Laundering
BOSTON – A Boston man pleaded guilty yesterday in federal court in Boston to money laundering.
Juan Peguero, 29, pleaded guilty to two counts of money laundering. U.S. District Court Judge William G. Young scheduled sentencing for May 29, 2019. Peguero was charged in August 2018 and was released on conditions.
On two occasions in 2015, Peguero transferred almost $500,000 worth of drug proceeds - over $398,000 in April and $90,000 in June.
The charge of money laundering provides for a sentence of no greater than 20 years in prison, three years of supervised release, and a fine of $500,000 or twice the value of the laundered funds. Sentences are imposed by a federal district court judge based on the U.S. Sentencing Guidelines and other statutory factors.
United States Attorney Andrew E. Lelling; Brian D. Boyle, Special Agent in Charge of the Drug Enforcement Administration’s New England Division; and Kristina O’Connell, Special Agent in Charge of the Internal Revenue Service’s Criminal Investigations in Boston, made the announcement. Assistant U.S. Attorney Lauren A. Graber of Lelling’s Narcotics and Money Laundering Unit is prosecuting the case.
