Related Federal Cases
- Attorney General James Leads Legal Assault on Trump’s Foreign Aid Freeze · District of Columbia
- Brandon Knox Gets 39 Days for Stealing Postal Money Orders · Maine
- Saco Mom Pleads Guilty to Fraudulent Use of Daughters’ SSI Benefits · Maine
- New Bedford Trio Busted for Saco Drive-By Shooting, Cocaine Trafficking · Massachusetts
- James Leads Push for Senate KOSA Bill Over House Version · New Mexico
Saco Attorney Sentenced for Money Laundering
Portland, Maine – In a shocking turn of events, Gary Prolman, Esq., a 52-year-old attorney from Saco, was sentenced to two years in prison and two years of supervised release for his involvement in a money laundering conspiracy.
According to court records, between 2011 and October 2013, David Jones and others illegally distributed hundreds of pounds of marijuana in Maine and elsewhere. Prolman, who pled guilty on April 29, 2014, laundered approximately $177,500 worth of marijuana trafficking proceeds by structuring cash deposits and cashier’s check purchases to avoid federal currency reporting requirements.
The scheme involved Prolman taking cash from Jones to purchase an interest in his sports agency business and using structured cashier’s checks to jointly purchase real estate with Jones in a transaction where only Prolman’s name appeared on the deed as the owner.
Prolman received three separate $50,000 cash installment payments, largely consisting of low denomination bills delivered in a backpack. When he attempted to deposit more than $10,000 from the first $50,000 installment into bank accounts he controlled, a bank teller advised him of the federal currency reporting requirement for deposits exceeding $10,000.
Under federal law, financial institutions that receive more than $10,000 in cash from a customer are required to report the transaction to the Internal Revenue Service (IRS). Prolman structured numerous cash deposits and paid $60,409 to close the joint real estate purchase using seven structured cashier’s checks.
The case was investigated by the U.S. Drug Enforcement Administration, the IRS, and resulted from the ongoing effort of the Organized Crime Drug Enforcement Task Forces (OCDETF), a partnership between federal, state and local law enforcement agencies.
U.S. Attorney Thomas E. Delahanty II announced the sentencing, stating that Prolman’s actions were a serious breach of trust and a clear example of the OCDETF’s commitment to identifying and dismantling organized crime groups.
Contact: Daniel J. Perry, Assistant United States Attorney, (207) 780-3257
RELATED: Shoemaker Sentenced for Sex Offender Registration Violation
RELATED: Violent Alien Perez-Perez Jailed for Illegal Re-Entry
Key Facts
- State: Maine
- Category: Drug Trafficking|Fraud & Financial Crimes|Violent Crime
- Source: DOJ Press Release ↗
ðŸâ€â€™ Get the grimiest stories delivered weekly. Subscribe free →
