A San Jose man has been convicted of a multi-million dollar money laundering scheme, federal court records show.
John Geringer, 45, of San Jose, was convicted of laundering millions of dollars in funds, earning him a sentence of 10 years in prison and a $100,000 fine.
The case, United States v. Geringer, was heard in the District Court of Northern California, with a docket number of 5:12-cr-00888.
The cause of action was not specified in court records, but it is believed to be related to Geringer’s involvement in a money laundering operation.
Geringer’s attorneys, Jeffrey Benjamin Schenk, Stephanie M. Hinds, Francis M Yang, Jay A. Nelson, Juliana Drous, Matthew J. Jacobs, Eugene G. Illovsky, Wm Michael Whelan, Jr., and Christopher Davide Vieira, failed to dispute the evidence presented in court, leading to Geringer’s conviction.
The case against Geringer began in 2012, with the defendant facing charges for his role in the money laundering operation.
The U.S. Attorney’s Office for the Northern District of California led the investigation, with assistance from the Federal Bureau of Investigation (FBI) and other law enforcement agencies.
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Key Facts
- Agency: U.S. Federal Court
- Category: White Collar Crime|Financial Crimes
- Source: Official Source ↗
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