Thomas Powell, Money Laundering Conspiracy, Pennsylvania 2024

A Virginia man has been sentenced to two years probation, including six months of home detention, on his conviction of money laundering conspiracy, announced United States Attorney Scott W. Brady today.

Senior United States District Judge David S. Cercone imposed sentence on Thomas Powell, 64, of Salem, Virginia, on his conviction of money laundering conspiracy.

Powell agreed to become a member of a money laundering conspiracy during the period from January 2011 through May 2016.

As part of the money laundering conspiracy, Powell and his co-conspirators conducted various financial transactions, including withdrawing funds from prepaid debit cards and credit cards, transmitting and receiving funds via MoneyGram, Walmart, and Western Union, cashing checks and money orders, and sending and receiving wire transfers of funds.

The funds involved in these transactions, which totaled thousands of dollars, were the proceeds of wire fraud. Powell knew that each of the financial transactions was designed in whole or in part to conceal or disguise the nature, location, source, ownership, and control of the proceeds.

Assistant United States Attorney Mary McKeen Houghton prosecuted this case on behalf of the government.

The United States Postal Inspection Service and the Department of Homeland Security, Homeland Security Investigations, conducted the investigation leading to the conviction in this case.

Powell's six months of home detention is part of his two-year probation sentence.

The exact date of the conviction is not specified in the source, but it is mentioned that the period of the crime is from January 2011 through May 2016.

Source: https://www.justice.gov/usao-wdpa/pr/virginia-man-sentenced-role-money-laundering-scheme