Trio accused of laundering money from marijuana sales

[vta]

Three San Fernando Valley residents have been arrested in connection with an alleged marijuana distribution operation, the Ventura County District Attorney’s Office announced Tuesday.

Steven Kall, 55, and Anne Adams, 47, both of Sherman Oaks, were arrested Saturday, authorities said.

Kall was indicted on 109 felony counts of money laundering, an enhancement alleging he laundered more than $1 million and one count of allowing a place for preparing or storing marijuana, prosecutors said.

Adams was indicted on 13 counts of felony money laundering and an enhancement alleging she laundered more than $150,000, prosecutors said.

Jimmy Silva, 26, of Northridge was arrested earlier. He was indicted on nine felony counts of money laundering and an enhancement alleging he laundered more than $150,000, prosecutors said.

The arrests followed an investigation by the Ventura County Combined Agency Task Force and a grand jury indictment.

In the 20-page indictment, prosecutors allege Kall was laundering money in connection with marijuana sales.

The suspects were involved in the illegal distribution of marijuana to dispensaries, said Senior Deputy District Attorney Marc Leventhal. A marijuana farming facility in Lockwood Valley played a role in the case, said the prosecutor.

Silva pleaded not guilty to all the charges and was released after posting $250,000 bail.

Kall and Adams remained in custody Tuesday. Both were scheduled to be arraigned July 23. Kall was being held in lieu of $1 million bail and Adams in lieu of $500,000 bail.

By Adam Foxman
Ventura County Star

 

[CarpeLibertatem]

From all I've gathered there's no easy way to launder money and not be found out unless you're already well connected for it or a financial wizard.

Maybe it's best for us normal folks to just declare it as income so we can actually use the money for something without worrying about the tax man.....

 

[medicalgreen]

Banks are the biggest money launderers. If you compete with them, they will put you in jail. The entire purpose of the banking set up, back in colonial days, was to launder money worldwide for the British East India Company. That's the only reason banks exist. They exchanged gold for opium, because gold was the only medium the opium producers accepted. Banks are the world's biggest drug money launderers. Don't compete with them or the British east India Co.

In other words, don't sell drugs and don't launder money or you are going to be labeled a criminal by the world wide criminal drug cartel and sent to jail so you can no longer compete.