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 >>
BATON ROUGE, LA (WAFB) -
A Baton Rouge convenience store has pled guilty to money laundering charges.
Quality Express will forfeit almost $1 million as part of the plea.
The Foster Dr. business offered check cashing, currency exchanges and money transfers. Over a one-year period, an undercover agent brought more than $275,000 in cash to the store for exchange or transfer. The money was represented to be drug proceeds.
In addition to the money laundering charges, Quality Express also pled guilty to several counts of failure to file currency transaction reports.
Federal law requires that financial institutions file a currency transaction report for any cash transactions over $10,000.
Thang "Tommy" Minh Tran, an operator of Quality Express, had previously pled guilty to conspiracy to launder monetary instruments and money laundering.
Two former employees, Thahn "Money" Nguyen and Son "Tattoo" Nguyen also pled guilty to distribution of Ecstasy.
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