Rayvaughn Andrews, 41, admitted to laundering roughly $10m in narcotic gross sales through casinos in Mississippi and Nevada. [Image: Shutterstock.com]
Cocaine distributor comes clear
A Pensacola, Florida man has confessed to federal prices of cash laundering and “conspiracy to distribute and possess with intent to distribute cocaine.”
admitted to laundering $10m in narcotic gross sales
United States Lawyer for the Northern District of Florida John P. Heekin introduced on Friday that Rayvaughn Andrews, 41, admitted to laundering roughly $10m in narcotic gross sales through casinos in Mississippi and Nevada.
Heekin took to X to share information of Andrews’ confession:
In response to the feds, Andrews admitted his function in a conspiracy to distribute giant quantities of cocaine in Florida’s Escambia County from 2021 by way of late 2024.
Not cautious sufficient
In response to courtroom paperwork, Andrews tried to maintain his illicit enterprise underneath the radar by utilizing a cautious modus operandi. The suspect would purchase on line casino chips with money from his drug gross sales, solely going over a $10,000 transaction restrict twice over his three-year operation.
Proof of Andrews’ meticulous strategy is evident from courtroom paperwork. In 2023 alone, the Floridian bought on line casino chips with money at Harrah’s on 94 events.
In conserving underneath the $10k threshold, Andrews averted the casinos’ authorized requirement to report his transactions to the federal Monetary Crimes Enforcement Community (FinCEN).
The Financial institution Secrecy Act requires casinos to submit a monetary report back to FinCEN at any time when a person makes money transactions over $10 in a single day.
Regardless of Andrews’ cautious strategy, the regulation lastly caught as much as him. In a press release asserting Andrews’ responsible plea, the DOJ’s Heekin warned different criminals to not suppose they will “revenue and stay lavish existence off drug trafficking” in his Florida jurisdiction.
Very long time coming
Those that imagine they will get away with it, continued Heekin, “are sorely mistaken, and can quickly discover themselves in federal jail.”
Andrews faces the utmost penalty of life in jail, plus the forfeiture of a Chevrolet supercar and round $40,000 money seized through the suspected felon’s arrest.
