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Money Laundering

Money Laundering

ARTICLES

Appeals court orders return of $60K in seized cash

The Indiana Court of Appeals has ordered the return of more than $60,000 in cash seized by an Indianapolis detective who was checking packages at a parcel-shipping company. The same detective’s prior seizure of cash in a similar manner set the precedent in a 2017 case that such searches are unlawful.
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Muncie’s former building commissioner admits corruption

Muncie’s former building commissioner has agreed to plead guilty to federal corruption charges. In an agreement filed Thursday in U.S. District Court in Indianapolis, Craig Nichols pleaded guilty to one count each of wire fraud and money laundering. Nichols faces a maximum of 20 years in prison and a fine of up to $250,000 on each count.
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