MARYLAND (DC News Now) — A Bladensburg man was sentenced to nine years in federal prison on Tuesday for his role in a large money laundering conspiracy.
The U.S. Attorney’s Office (USAO) of the District of Maryland said in a news release that 45-year-old Bright Boateng admitted that almost $1.5 million in money laundering took place after he joined the conspiracy.
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Court documents state that between 2020 and November 2023, he worked with several others to launder proceeds from Economic Injury Disaster Loans. They would use many financial transactions to conceal details during the conspiracy.
The USAO said that the group would make limited liability companies as shell entities, open bank accounts in their names and then receive and launder fraud proceeds…