Saturday, January 31, 2009
© Copyright 2013
Gwinnett Daily Post
ATLANTA - Four men have been sentenced to federal prison time after pleading guilty to structuring cash transactions and money laundering.
Stanley Kim, 50, and Tony Kim, 35, of Norcross; Yuen Cheol "Don" Chu, 42, of Duluth; and Kevin Chang, 41, of Buford; were sentenced Jan. 15 and Jan. 30 to sentences ranging from one to eight years for their roles in an operation authorities said laundered cash for drug dealers. According to United States Attorney David E. Nahmias, between December 2003 and April 2007, the men - all "high-ranking employees" at King Kong Motors - sold luxury vehicles to known drug traffickers for cash amounts that exceeded $10,000, falsifying sales paperwork to avoid IRS reporting requirements. "Certain defendants," Nahmias said, would also generate false paperwork to conceal the identity of the drug dealers.More like this story
- Former legislator pleads guilty<br/> U.S. Attorney's Office: Man defrauded church of $250,000 ( June 18, 2008 )
- Couple sentenced in trafficking ( January 23, 2009 )
- Former state Rep. Sailor sentenced to 5 years in prison ( September 17, 2008 )
- Men sentenced in drug dealer's kidnapping ( July 8, 2009 )
- Duluth money launderers sentenced to prison ( June 9, 2007 )
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