A federal jury has convicted a California man of trafficking methamphetamine from California to Lincoln, Nebraska and laundering the money.
U.S. Attorney Deborah Gilg says Sergio Valencia, Sr. of Moreno Valley, California will be sentenced in October.
Valencia was convicted of conspiracy to commit money laundering and conspiracy to distribute meth after a week-long trial.
Evidence at the trial indicated Valencia worked with several other individuals to transport meth from California to Nebraska. Proceeds from drug sales in Nebraska were returned to California through deposits in Wells Fargo bank accounts held by his wife, two children, another relative, and his landscaping business. Other accounts held in the names of relatives of one of those working with Valencia also were used.
Federal prosecutors say Valencia trafficked meth between January 2010 and June of 2013, laundering the money in 2011.
The jury acquitted Valencia of conspiracy to structure financial transactions.