World · North America · 1 hr ago
Brazilian man sentenced to 12 years in US money-laundering case
A US court sentenced Brazilian national Ygor Fokin Saviolli to 12 years in prison for his role in a money-laundering operation.
Prosecutors said the group handled more than $30 million in illegal funds, including money from drug sales.
The operation used couriers in different parts of the United States to collect cash and deposit it in banks across the country.
Those deposits were meant to hide where the money came from and help return profits to drug suppliers, including suppliers outside the United States.
Saviolli was described as financing the operation’s start and supervising the collection and laundering of large sums.
Five other defendants received prison sentences, ranging from one year and one day to seven years and 10 months.
The defendants pleaded guilty to conspiracy to commit money laundering, and the FBI investigated the case with assistance from the DEA; no further steps were specified.
Ygor Fokin Saviolli, a 35-year-old Brazilian, was sentenced in the United States to 12 years in prison for his role in a money-laundering organization.
The organization moved more than US$30 million in illicit funds, including money from drug trafficking, according to the US Department of Justice.
Saviolli financed the scheme’s initial operations and supervised the receipt and laundering of large sums, the department said.
The scheme used couriers to collect cash and deposited it in banks across different parts of the United States to conceal its origin.
Five other defendants were sentenced on September 24 to prison terms ranging from one year and one day to seven years and 10 months.
- Who
- Ygor Fokin Saviolli, a 35-year-old Brazilian, and other members of a money-laundering organization.
- What
- Saviolli was sentenced to 12 years in prison for managing and supervising the organization.
- When
- The sentence was announced on October 16, according to the article.
- Where
- The United States.
- Why
- He financed the scheme’s initial operations and supervised the receipt and laundering of money, including proceeds from drug trafficking.
This story does not have two clearly opposing sides.
A district court accepted the defendants’ guilty pleas to conspiracy to commit money laundering.
Five other defendants received prison sentences ranging from one year and one day to seven years and 10 months.
The US Department of Justice announced Saviolli’s 12-year sentence.
- Defendant
- Ygor Fokin Saviolli
- Age
- 35
- Sentence
- 12 years in prison
- Funds moved
- More than US$30 million
- Other defendants sentenced
- 5
- Investigation
- FBI, with assistance from the DEA’s Rochester office and its Brasília attaché office