Las Vegas Sun

November 9, 2009

Currently: 57° | Complete forecast | Log in

Man pleads guilty to money laundering

Monday, Dec. 20, 2004 | 9:29 a.m.

A man who owned a Las Vegas home bought with the proceeds gained from a young Oregon girl working as a prostitute pleaded guilty last week to a federal count of money laundering.

Paul Ransom entered his plea before U.S. District Court Judge Kent Dawson, and is facing up to 20 years in prison and a $500,000 fine.

Ransom bought a Las Vegas home in August of 2001 in an attempt to conceal some of the proceeds that he was getting from a then 16-year-old girl who he brought to Las Vegas from Oregon for the purposes of prostitution, federal prosecutors said.

Ransom, who had not filed an income tax return from 1997 through 2002, is scheduled to be sentenced on Mar. 11.

archive

  • Most Read
  • Discussed
  • Most E-mailed

Complete Listing

Calendar »

  • 8 Sun
  • 9 Mon
  • 10 Tue
  • 11 Wed
  • 12 Thu