Silver Spring Man Found Guilty of Money Laundering and Money Laundering Conspiracy After Five-Day Trial | USAO-MD

Silver Spring Man Found Guilty of Money Laundering and Money Laundering Conspiracy After Five-Day Trial |  USAO-MD

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United States Attorney Erek L. Barron commended the U.S. Secret Service and the Montgomery County Department of Police for their work in the investigation.  Mr. Barron thanked Assistant U.S. Attorney Erin B. Pulice and Special Assistant U.S. Attorney Christian Nauvel, who are prosecuting the case. Arthur faces a maximum sentence of 20 years in prison for the money laundering conspiracy and for each of five counts of money laundering.   U.S. District Judge Paul W. Grimm has not yet scheduled sentencing.

For more information on the Maryland U.S. Attorney’s Office, its priorities, and resources available to help the community, please visit www.justice.gov/usao-md and https://www.justice.gov/usao-md/community-outreach. According to the evidence presented at Arthur’s trial, from October 2016 through April 2017, Arthur and his co-conspirators engaged in financial transactions designed to conceal the nature, source and ownership of the proceeds of a fraud scheme to obtain cash from victim account holders at a Maryland credit union.  Specifically, the evidence showed that the conspirators transferred, withdrew cash, and caused cashiers’ checks to be issued from the proceeds of a fraud scheme.  Arthur and his co-conspirators then used the funds to purchase motor vehicles to conceal that the funds were derived from a fraud scheme. 

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