A Texas man has been convicted of money laundering in Eastern Oklahoma. NATHAN PHILLIP WEBSTER, 40, of McKinney, Texas, pled guilty to MONEY LAUNDERING CONSPIRACY in the United States District Court for the Eastern District of Oklahoma.
The charges arose from an investigation by the Drug Enforcement Administration. The indictment alleged that Webster and his co-conspirators laundered money by purchasing a 2001 Green Ford F-150 truck with proceeds from the distribution and sale of methamphetamine.
According to court documents, Webster deposited large sums of United States Currency into bank accounts in Dallas, Texas, to conceal and disguise the nature, location, source, ownership, and control of the proceeds from the distribution of methamphetamine.
Webster’s guilty plea was accepted by the Honorable Kimberly E. West, Magistrate Judge in the United States District Court for the Eastern District of Oklahoma. He will remain in the custody of the United States Marshal Service pending sentencing.
Assistant United States Attorney Rob Wallace represented the United States in the case.
The charge carries a penalty of not more than 20 years imprisonment, up to a $500,000 fine or both. Sentencing will be scheduled following the completion of a presentence report.
Webster’s involvement in the money laundering conspiracy dates back to August 2011 and continued until January 2013. The case was prosecuted by the United States Attorney’s Office for the Eastern District of Oklahoma.
Defendant: NATHAN PHILLIP WEBSTER, Age: 40, City: McKinney, State: Texas
Criminal Charges: MONEY LAUNDERING CONSPIRACY, Title 18, United States Code, Section 1956(h)
Date: The indictment alleged that the defendant’s actions took place between August 2011 and January 2013
Sentence: Sentencing will be scheduled following the completion of a presentence report
Fine: Up to $500,000
Bank Accounts: Bank accounts in Dallas, Texas
Vehicle: A 2001 Green Ford F-150 truck
Related Federal Cases
- Moises Alberto Yanez, Conspiracy to Commit Money Laundering, Oklahoma 2014 · Colorado
- Jesse Michael Greenwald, Money Laundering, Oklahoma 2014 · North Carolina
- Israa Jafar Ali, Conspiracy to Make a Terrorist Hoax, Oklahoma 2023 · Washington
- Larry Eugene Pirpich, Jr., Conspiracy to Possess and Distribute Pseudoephedrine, Oklahoma 2010 · Colorado
- Abe Martinez, Money Laundering, Texas 2023 · North Carolina
Key Facts
- State: Oklahoma
- Category: Drug Trafficking|Fraud & Financial Crimes|Violent Crime
- Source: DOJ Press Release â†â€â€
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