Boston man sentenced for laundering nearly $500,000 in drug proceeds
July 19, 2019
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For Immediate Release
Contact: Kristen Govostes
Phone Number: (617) 557-2100
BOSTON – A Boston man was sentenced yesterday in federal court in Boston for money laundering.
Juan Peguero, 29, was sentenced by U.S. District Court Judge William G. Young to 42 months in prison and three years of supervised release. In March 2019, Peguero pleaded guilty to two counts of money laundering. Peguero was charged in August 2018 and released on conditions.
On two occasions in 2015, Peguero transferred almost $500,000 worth of drug proceeds - over $398,000 in April and $90,000 in June.
DEA New England Division Special Agent in Charge Brian D. Boyle, United States Attorney Andrew E. Lelling and IRS Boston Criminal Investigations Special Agent in Charge Kristina O’Connell made the announcement.
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