Fabini pleads not guilty to drug trafficking, money laundering charges _ wane

FORT WAYNE, Ind. Simple meaning of money laundering (WANE) Michael Fabini pleaded not guilty to the more than 40 charges against him on Tuesday. Recent money laundering cases in india Fabini is accused of being involved in what appears to be a major marijuana trafficking ring. Anti money laundering act meaning He faces six counts of marijuana trafficking dating back to 2007 and 38 counts of money laundering.

Marshall Butler and Jamison Gudorf were also indicted after the December raids and pleaded not guilty Tuesday.

Money laundering regulations 2016 Butler faces three counts of marijuana trafficking. Money laundering cases in india Gudorf is charged with having a machine gun not registered to him and being a felon in possession of a firearm.

In court, Fabini’s attorney presented letters to the judge vouching for his positive community impact and explaining why Fabini would not be a flight risk. Money laundering stages The letters were from family, friends, his pastor, and even a principal from an area Catholic school.

On the other hand, a federal attorney said Fabini was leading a double life for quite a long time. Money laundering act 2007 He said between 2009 and 2012, Fabini spent $1.7 million cash gained from drug trafficking.

Jason Fabini, Michael’s brother and former NFL player, was in the courtroom Tuesday along with his mother, brother, and other family and friends.

Only Michael’s former stepbrother, Byron Peters, wanted to speak about the indictment. Money laundering prevention act 2012 He said the Fabini family maintains that Michael is innocent until proven guilty.

When asked if Peters ever questioned where Fabini’s $1.7 million cash was coming from, he said, “Michael had a very lucrative lawn care company. Anti money laundering measures And he was very good at it.”

A series of raids conducted by the FBI in December 2012 prompted the indictment of the three men. Penalty for money laundering According to court documents, Fabini faces more than 40 charges for his involvement in what appears to be a major marijuana trafficking ring.

Fabini is accused of spending $224,910.97 in cash received from drug trafficking. 3 phases of money laundering He is said to have spent the money in 36 different payments to four different businesses from May 14, 2010 to March 28, 2011.

In one charge, Fabini and Butler are accused of being involved with a property on Antwerp Road in Harlan back in 2008. Money laundering act 2011 NewsChannel 15 discovered the same property had been raided by the Allen County Sheriff’s Department on March 6, 2008.

During the 2008 raid, officials seized almost three and a half tons of marijuana, making it the largest marijuana bust in Allen County history. What is money laundering and how does it work Matthew McChesney was arrested and later sentenced to 27 years for the estimated $6 million bust.

According to Allen County tax records, someone with the last name Gudorf owns a property at 10110 Unita Drive on the southwest side of Fort Wayne. What is money laundering with example That’s the same property the FBI raided in December and removed dozens of rifles.

According the court documents, if Fabini is convicted of any of the counts against him, he would be forced to forfeit his home at 6619 Cherry Hill Parkway, as well as some other equipment.

The Cherry Hill home has had significant improvements done in recent years. Money laundering kenya The Allen County assessor’s office valued the home at $277,500 in 2009. Money laundering bangladesh But after improvements made under Fabini’s ownership, the value ballooned to $675,000 as of May 2012.