A California man has been sentenced to 13 years in prison for transporting methamphetamine from California to Nebraska for sale and laundering the proceeds.
The United States Attorney’s Office reports 41-year-old Sergio Valencia of Moreno Valley, California has been sentenced to two concurrent 13-year prison sentenced for conspiracy to money launder and conspiracy to distribute meth.
After serving his prison term, Valencia will be placed on three years supervised release.
A federal jury in Lincoln convicted Valencia nearly a year ago. The trial disclosed Valencia helped operate a scheme in which meth from California was sold in Lincoln with the proceeds deposited into his landscaping business bank account as well as the bank accounts belonging to family members. Federal prosecutors say money was laundered between April and September of 2011 with the meth distribution occurring between January of 201 and June of 2013.
Valencia’s wife and co-defendant, Marisela Pescador, pleaded guilty to conspiracy to launder money. She is scheduled to be sentenced Thursday.
