A Houston resident and his naturalized wife from Vietnam were sentenced to 120 months each for unlicensed money transmitting and money laundering, the Justice Department announced Thursday.
According to the DOJ, Vinh Quang Phan and Diana Le Phan operated an unlicensed money transmitting business that transmitted funds received in the form of bulk cash. They earned at least some of this money, which included more than $9 million, from the trafficking, distribution, and sale of controlled substances.
The DOJ said during the course of the conspiracy, the unlicensed money transmitting business received and transmitted more than $33 million. The couple ...
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