Erie, PA – A former Coshocton, Ohio resident has been found guilty of laundering nearly $940,000 in drug proceeds.
Guadalupe Cortez Beserra, 30, pleaded guilty to one count of violating money laundering laws in Erie federal court, announced United States Attorney Scott W. Brady.
Beserra was charged with conspiring to commit money laundering by transferring and delivering approximately $939,610 in U.S. currency representing the proceeds of the buying, selling and otherwise dealing in cocaine from an Erie, Pennsylvania drug dealing operation.
According to the information provided to the court, Beserra received the money from the organization’s drug dealing operation in Erie, and was instructed to count the money and repackage it in vacuum-sealed bags for further transport.
Investigators seized the money after conducting a search of a residence in Coshocton, Ohio. The money seized by the investigators is subject to forfeiture.
Judge David S. Cercone scheduled sentencing for July 16, 2018, at 1:30 p.m. The law provides for a total sentence of 20 years in prison, a fine of $500,000, or both.
Assistant United States Attorney Marshall J. Piccinini is prosecuting this case on behalf of the government.
The U.S Immigration and Customs Enforcement/Homeland Security Investigations, the Pennsylvania State Police, and the Coshocton County, Ohio Sheriff’s Office conducted the investigation that led to the prosecution of Beserra.
In connection with the guilty plea, the court was advised that Beserra conspired to commit money laundering.
Beserra received the money from the organization’s drug dealing operation in Erie, and was instructed to count the money and repackage it in vacuum-sealed bags for further transport.
Key Facts
- State: Pennsylvania
- Category: Drug Trafficking|Financial Crimes
- Source: DOJ Press Release â†â€â€
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