June 19, 2024

Crime

Chengzou Liu, 36, pleaded responsible Wednesday to conspiracy to commit cash laundering and possession with intent to distribute marijuana in connection to a cash laundering operation.

A Braintree man pleaded responsible this week to prices associated to an elaborate cash laundering operation, the U.S. Lawyer’s workplace mentioned.

Chengzou Liu, 36, pleaded responsible Wednesday to conspiracy to commit cash laundering and possession with intent to distribute marijuana, a launch famous.

Liu and 7 others first confronted prices in July 2022 in connection to the rip-off, which was allegedly led by two of Liu’s co-conspirators, Qiu Mei Zeng and Shi Rong Zhang.

Charging paperwork allege that Liu was a large-scale marijuana trafficker who laundered his cash by means of China Gourmand, a Chinatown restaurant co-owned by Zeng and Zhang.

“Zhang was additionally a registered proprietor of Great Electronics, an electronics and restaurant provide enterprise primarily based in Hanover,” the U.S. Lawyer’s workplace famous. “It’s alleged that the defendants used these companies to run a large-scale cash laundering and cash transmitting operation that concerned the laundering of drug proceeds and proceeds from stolen and/or fraudulent reward playing cards.”

Authorities allegedly noticed Liu delivering luggage of money containing tens of 1000’s of {dollars} to the restaurant on at the very least three events, and that cash was later wired to accounts within the U.S. and China. Prosecutors say that Liu delivered this cash to Zeng, who despatched the electrical transfers to accounts in China supplied by Liu.

Liu faces sentencing on April 24. For the cash laundering conspiracy cost, he might resist 20 years in jail, as much as three years of supervised launch, and a high quality of as much as $500,000 or twice the worth of the property concerned, whichever is larger, prosecutors famous. For the intent to distribute cost, Liu might resist 20 years in jail, at the very least three years and as much as a lifetime of supervised launch, and a high quality of $1 million.