PORTLAND, Ore. – A Lake Oswego man is heading to federal prison for cocaine trafficking and money laundering. Michael Wayne Frost, 47, was sentenced to 72 months in prison and must forfeit over $500,000 in assets.
Frost engaged in multiple cocaine sales. In July 2024, agents seized a kilogram of cocaine and $20,000 from his home.
Frost laundered drug proceeds through a business account, transferring funds to a cryptocurrency platform. More than $509,000 in cash and cryptocurrency were tied to his cocaine sales…