Plea entered in money laundering case

South Dakota (AP) 4-08

An Artesian man has pleaded guilty to one count of money laundering that occurred at the Crow Creek Tribal Schools, according to federal prosecutors.

Richard Baysinger, 67, who worked at the schools, pleaded guilty in federal court to one count of laundering monetary instruments, said U.S. Attorney Marty Jackley.

Prosecutors say he pleaded guilty to laundering the proceeds of a mail fraud through his bank account by depositing money obtained through the fraud, withdrawing the money by a check written payable to cash and then giving the money to another individual, knowing that money had come from a fraud.

Baysinger faces a maximum sentence of 20 years in prison and $500,000 fine. He is free on bond pending sentencing on June 30.

 

 

0
0
0