Lincoln, Nebraska – A California man has been sentenced to 13 years and 4 months in prison for his role in a scheme to transport methamphetamine from California to Lincoln, Nebraska for resale.
Sergio Valencia, Sr., 41, of Moreno Valley, California, was sentenced to two concurrent terms of 13 years and 4 months (160 months) in prison for conspiracy to money launder and conspiracy to distribute methamphetamine.
Following the prison term, Valencia will serve three years on supervised release.
Valencia was convicted by a federal jury in Lincoln in July of 2016. Evidence presented at trial showed Valencia was involved in a scheme to transport methamphetamine from California to Lincoln, Nebraska for resale.
The proceeds of drug sales in Nebraska were deposited into bank accounts belonging to Valencia’s landscaping business, his wife, and other family members, as well as accounts belonging to family members of one of Valencia’s co-conspirators.
The money laundering conspiracy is believed to have occurred between April and September of 2011, while the drug conspiracy is believed to have occurred between January of 2010 and June of 2013.
Valencia’s wife and co-defendant, Marisela Pescador, pled guilty to conspiracy to money launder and is scheduled for sentencing on June 8, 2017.
This case was investigated by the Lincoln/Lancaster County Drug Task Force.
Defendant: Sergio Valencia, Sr.
Criminal Charges: Conspiracy to Money Launder and Conspiracy to Distribute Methamphetamine.
City and State: Lincoln, Nebraska.
Exact Date: June 5, 2017.
Sentence: Two concurrent terms of 13 years and 4 months (160 months) in prison, followed by three years on supervised release.
Key Facts
- State: Nebraska
- Category: Drug Trafficking|Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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