Tuesday, March 18, 2008

Ga State Rep pleads guilty to money laundering

Link HT: Turnbow
Sailor, 33, of Norcross, pleaded guilty Tuesday in federal district court to a felony criminal information charging him with laundering and attempting to launder what he believed to be drug proceeds, after taking possession and agreeing to launder a total of approximately $375,000 of cash from the purported sale of cocaine.

Sailor was arrested in December and prosecutors said he has been cooperating with an "active public corruption investigation".

“This case did not start as a public corruption matter, but rather as a drug money laundering investigation -- part of our diligent efforts to identify, investigate, and prosecute significant drug traffickers and money launderers, whomever they may be,” said United States Attorney David E. Nahmias. “Rep. Sailor’s actions in that regard were very disturbing, because he was a person entrusted by his community with enacting the law, who instead violated the law in a serious way, seeking to assist the drug traffickers who sell their poison in our communities.

"Federal prosecutors told WSB-TV Channel 2 reporter Tiffani Reynolds that Sailor laundered $75,000 from an undercover FBI agent and was attempting to launder an additional $300,000 when he was arrested.