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Criminal Law

: Federal Crimes Blog

Car Dealers Convicted of Money Laundering

By McNabb Associates

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Amir Hosseini and Hossein Obai were convicted in February of laundering millions of dollars for the Gangster Disciples and other big Chicago gangs.[1] The two men were Chicago area auto dealers and were convicted of swapping Jaguars, BMWs and Cadillacs for millions of dollars in drug money.[2] They received their sentences on October 11, Hosseini, the alleged mastermind, will be sentenced to 20 years and Obai 15 years.[3]Prosecutors asserted that the sentences were just; because the money obtained in the scheme had helped the gangs hide profits from selling cocaine and heroin.[4] Witnesses called by Assistant U.S. Attorneys Daniel D. Rubenstein and Lisa M. Noller testified that the two men were well aware the money they took in came from narcotics sales...continue to full post

Full post as published by Federal Crimes Blog on October 16, 2007 (boomark / email).

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