Saturday, July 10, 2021

In SDNY Jiang Pleaded Guilty To Money Laundering Now Gets Years and a Day

 

By Matthew Russell Lee, Patreon
BBC - Guardian UK - Honduras - ESPN

SDNY COURTHOUSE, March 13 – Jingdong Jiang was changed with a role in laundering drug money.

The complaint described a proposal to launder $300,000, using the serial number of a one dollar bill to prove identity. 

On March 12, U.S. District Court for the Southern District of New York Judge Denise L. Cote held a proceeding. Inner City Press covered it. 

 Jiang was pleading guilt, to a guideline of 21 to 27 month, and allocuted more "more than $10,000" in narcotics proceeds.

The sentencing was set for June 18.

In fact, it took place on June 22, and Inner City Press covered it. Jiang asked for mercy, mentioning his wife. Judge Cote called it a serious crime and sentenced him to a year and a day (to allow for "good time" sentence reduction), and three years of supervised release. He is to self-surrender on July 30 at 2 pm.

The case is USA v. Jiang, 20-mj-5191 (Cote)

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