In a shocking exposé, a federal investigation has uncovered the tangled web of deceit spun by Portland’s wealthy elite, with Alfred E. Nevis, 45, at its center. The 45-year-old businessman’s empire came crashing down as U.S. authorities unsealed a money laundering and conspiracy indictment.
The case against Nevis, a prominent figure in Oregon’s business community, was presented in the U.S. District Court for the District of Oregon, with Judge Patricia Sullivan presiding. The indictment, filed under docket number 3:22-cr-00183, charges Nevis with one count of conspiracy to commit money laundering, in violation of 18 U.S.C. § 1956(h), and one count of money laundering, in violation of 18 U.S.C. § 1956(a)(1)(B)(i).
The investigation, led by the Internal Revenue Service-Criminal Investigation (IRS-CI) and the U.S. Department of Justice, revealed that Nevis had allegedly laundered millions of dollars through his various business ventures, using shell companies and offshore accounts to conceal the illicit funds.
Nevis, a resident of Portland, Oregon, is accused of conspiring with others to launder the proceeds of an unspecified crime, with the goal of concealing the true nature and source of the funds. The indictment alleges that Nevis used his business empire to facilitate the laundering of the money, utilizing a complex network of financial transactions to disguise the illicit activity.
The charges against Nevis carry significant penalties, with a maximum sentence of 20 years in prison and a fine of up to $500,000, or twice the value of the property involved in the offense, whichever is greater. Nevis’s attorneys, Ethan Levi and Ryan W. Bounds, have entered not guilty pleas on his behalf.
The case against Nevis is a stark reminder of the corruption and greed that can lurk beneath the surface of even the most respected members of society. As the investigation continues, it remains to be seen whether Nevis will be held accountable for his alleged crimes, and what other secrets his empire may hold.
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Key Facts
- Agency: U.S. Federal Court
- Category: White Collar Crime
- Source: Official Source ↗
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