Bergen County Man Sentenced to 10 Years in Prison for Conspiring to Launder Over $850,000
For Immediate Release
U.S. Attorney's Office, District of New Jersey
NEWARK, N.J. – A Bergen County, New Jersey, man was sentenced today to 120 months in prison for conspiring to launder more than $850,000, which he believed was derived from the sale of narcotics, U.S. Attorney Craig Carpenito announced.
Bobbie L. Henderson III, 36, previously pleaded guilty before U.S. District Judge Stanley R. Chesler in Newark federal court to an information charging him with one count of conspiracy to launder monetary instruments. Judge Chesler imposed the sentence today by videoconference.
According to the documents filed in this case, and statements made in court:
From 2017 through May 23, 2019, Henderson conspired with others to launder the proceeds of narcotics distribution, with the intent to promote the distribution of narcotics. Henderson further admitted to possessing more than $850,000 in furtherance of this conspiracy. These funds were seized by law enforcement during the course of the investigation.
In addition to the prison term, Judge Chesler sentenced Henderson to three years of supervised release, fined him $20,000 and ordered forfeiture of $853,120.
U.S. Attorney Carpenito credited special agents and task force officers with the Drug Enforcement Administration, under the direction of Special Agent in Charge Raymond Donovan in New York, with the investigation leading to today’s sentencing.
The government is represented by Assistant U.S. Attorney Francesca Liquori of the Organized Crimes and Gang Unit.
Updated November 10, 2020