Thursday, May 23 2013 11:28 PM EDT2013-05-24 03:28:07 GMT
Authorities said they broke up a huge drug operation in the Tennessee Valley. Twenty people were arrested Thursday morning and two more are charged in what investigators called overlapping drug ringsMore >>
Authorities said they broke up a huge drug operation in the Tennessee Valley. Twenty people were arrested Thursday morning and two more are charged in what investigators called overlapping drug rings.More >>
Thursday, May 23 2013 9:59 PM EDT2013-05-24 01:59:46 GMT
A train derailed at least 13 cars at Bear Creek, shutting down roads and causing a nearby school to evacuate. More >>
A train derailed at least 13 cars at Bear Creek, shutting down roads and causing a nearby school to evacuate.More >>
SOMERVILLE, AL (WAFF) -
A Somerville man was sentenced to jail time for structuring currency
transactions.
45-year-old Jerry Lang was sentenced to three years in
prison by a federal judge for structuring currency transaction totaling more
than $500,000. Officials said the transactions were to evade reporting
requirements of U.S. banks and financial institutions.
Lang was ordered to forfeit $75,000 and serve three years.
Lang was convicted in December of 70 counts of structuring
cash transactions with two separate banks between April 2008 and October 2008.
According to reports, Lang bought wrecked vehicles at
auction and hired American Recycling to crush the vehicles for scrap metal.
American Recycling issued multiple checks made out to Lang, not to Lang's
business, C&J Recycling, of less than $10,000, instead of one check of more
than $10,000. Lang would cash the checks at different times.
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