California Man Sentenced For Money Laundering Conspiracy In Connection With Trafficking Marijuana
United States Attorney R. Trent Shores announced that United States District Judge Claire V. Eagan sentenced Phong Do, 36, of Westminster, California, to serve 30 months in federal prison for Conspiracy to Launder Money.
Over the course of approximately three years, Do supplied a local marijuana distributor with high-grade marijuana. Do shipped marijuana to the local distributor and caused the distributor to deposit payments for the marijuana into several accounts held at Chase and Bank of America banks. Subsequently, Do withdrew the drug proceeds from the accounts at the banks’ Westminster, California branches. Throughout the scheme, Do laundered almost $1,000,000.
“This prosecution was the result of a concerted and relentless campaign to target sources of supply responsible for bringing bulk quantities of marijuana into the Northern District of Oklahoma,” said U.S. Attorney Trent Shores.
This prosecution was part of Operation “That’s Not Mine,” an Organized Crime and Drug Enforcement Task Force (OCDTEF) investigation. The prosecution resulted from a joint investigation conducted by the Federal Bureau of Investigation, Internal Revenue Service, United States Postal Inspector, and Broken Arrow Police Department. Assistant United States Attorney Joel-lyn A. McCormick handled the prosecution of this case.