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Press Release

Pensacola Resident Sentenced to Nine Years in Prison for Multi-State Money Laundering Conspiracy

For Immediate Release
U.S. Attorney's Office, Northern District of Florida

PENSACOLA, FLORIDA – Kenneth Grandison, 42, of Pensacola, was sentenced today to nine years in prison for conspiracy to commit money laundering and conspiracy to utilize a telephone facility to further a drug trafficking offense.  The sentence was announced by Christopher P. Canova, United States Attorney for the Northern District of Florida.

During his guilty plea on February 29, 2016, Grandison admitted that, between January 2012 and January 2016, he received illegal drugs from California, including marijuana and codeine, for further distribution in Florida.  An investigation identified dozens of Bank of America and Wells Fargo accounts that Grandison used to launder the drug trafficking proceeds.  In total, the Bank of America accounts received more than 200 cash deposits, and the Wells Fargo accounts received more than 600 cash deposits.  This investigation involved the laundering of between $1.5 and $3.5 million.

This case resulted from an investigation by the Internal Revenue Service – Criminal Investigation, the Drug Enforcement Administration, the Escambia County Sheriff’s Office, the Pensacola Police Department, and the Gulf Breeze Police Department.  Assistant United States Attorney David L. Goldberg prosecuted the case.

The United States Attorney’s Office for the Northern District of Florida is one of 94 offices that serve as the nation’s principal litigators under the direction of the Attorney General.  To access public court documents online, please visit the U.S. District Court for the Northern District of Florida website.  For more information about the United States Attorney’s Office, Northern District of Florida, visit

For more information, contact:
Amy Alexander, Public Information Officer
(850) 216-3854,

Updated May 24, 2016

Financial Fraud