ANCHORAGE (KTUU) - 36-year-old Los Angeles man Michael Nicholson was sentenced to 10 years in federal prison on Wednesday for his role in a money laundering conspiracy that distributed methamphetamine, heroin, and cocaine around Anchorage.
The conspiracy began around Aug. 2016. Members flew back and forth from Alaska to California to distribute the drugs and stored them in an Alaska residence.
Eventually, investigators received 1.4 kilos of cocaine, 2 pounds of heroin, 43 grams of benzodiazepine, and 76 grams of oxycodone. They also seized $147,998 in U.S. currency, a Rolex "Sky Dweller" watch that retails for about $25,000, and four firearms.
The conspirators used multiple methods to launder the money from their drugs including deposits into bank accounts, wire transfers, and shipments in bulk currency.
Earlier this year, four other members of the conspiracy were sentenced, but Nicholson received the longest sentence, in addition to five years on probation.
"This case is a great example of the interagency cooperation we see every day in Alaska. The law enforcement officers and prosecutors in this case worked diligently to take down a significant drug trafficking operation, but also conducted a financial investigation to disrupt the money laundering aspect of the organization and seize the money, jewelry, and firearms illegally obtained by the defendants," said U.S. Attorney Bryan Schroder in a press release from the Department of Justice.
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