The U.S. Attorney’s Office for the District of Massachusetts announced on January 17 that two Jamaican men were found guilty of their parts in an international scheme to launder money that sent more than $6 million in drug money from Colombian cartels through banks in the U.S., the Caribbean, and Europe.
A 61-year-old man named St. Devon Anthony Cover was found guilty by the U.S. attorney’s office of one count of plot to launder money and seven counts of laundering money instruments.
The department said that Dennis Raymond Rowe, 59, was found guilty of one count of plot to launder money, one count of laundering money, and two counts of laundering money instruments.
The U.S. attorney’s office said that the two were among 20 people charged in May 2022 with using the Colombian Black Market Peso Exchange to hide drug money.
The department said that $1 million was taken from business bank accounts and other things were done as part of the probe.
The drugs, which were worth more than $90 million on the street, were linked to the money laundering group, according to the U.S. attorney’s office.
The department said that this number included 1,555 kilograms taken from the Port of Buenaventura in Colombia in March 2019 and 1,193 kilograms taken off the coast of Jamaica in July 2019.
The department said that drug money made in the U.S. was changed into Colombian pesos by peso brokers, who sent large amounts of cash via messengers.
The money was put into U.S. bank accounts by pretending to be used for legal business, and then it was sent to people and businesses in Colombia, according to the U.S. attorney’s office.
The police said that Cover laundered $268,000 and Rowe laundered more than $600,000 by giving undercover officers large amounts of cash for drugs.
Leave a Comment