Boston Man Sentenced For Laundering Nearly $500,000 In Drug Proceeds
BOSTON STRONG news – US DOJ Mass reports 7.19.2019 – BOSTON – A Boston man was sentenced yesterday in federal court in Boston for money laundering.
Juan Peguero, 29, was sentenced by U.S. District Court Judge William G. Young to 42 months in prison and three years of supervised release. In March 2019, Peguero pleaded guilty to two counts of money laundering. Peguero was charged in August 2018 and 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.
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 prosecuted the case.