SACRAMENTO, Calif. – The United States Department of Justice announced on Friday that a Los Angeles man was sentenced to more than 4 years in prison for his role in a money laundering conspiracy involving nearly $1 million in what he believed were drug trafficking proceeds.
According to U.S. Attorney Eric Grant, 40-year-old Tracy Arnett of Los Angeles received a sentence of 4 years and 3 months from U.S. District Judge Dena Coggins for conspiracy to commit money laundering.
Court documents revealed that from May 2023 through March 2024, Arnett worked with Daniel Hooker and 2 other co-conspirators to conduct more than 20 financial transactions…