Scam Money

Florida Man Sentenced In Massachusetts For Role In International Money Laundering Conspiracy

Scam Money
Scam Cash (File)

A Florida man, Robert Hueton Colespring, 56, has been sentenced to 18 months in prison for his involvement in a multi-year money laundering operation linked to drug trafficking in Colombia. Colespring pleaded guilty to the charges in May 2024.

Colespring, 56, was sentenced by U.S. District Court Judge Richard G. Stearns in Boston, Massachusetts, on Wednesday.

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The operation was uncovered through an undercover investigation that began in 2016. An agent posed as an international money launderer, infiltrating the organization and facilitating the movement of drug proceeds from the U.S. to Colombia through the Black Market Peso Exchange.

Colespring’s role was to act as a money courier, delivering large sums of cash to the undercover agent in Florida on two separate occasions. This money was then deposited into the agent’s bank account and wired to Colombia, ultimately ending up in the hands of drug traffickers. Colespring is estimated to have laundered close to $600,000 in drug proceeds.

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He was one of 20 individuals indicted in March 2022 and is the eighth to be sentenced so far.

This case highlights the ongoing efforts of law enforcement agencies to combat organized crime and disrupt the flow of illicit funds.

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