Annice Falkins, a resident of Louisiana, USA, has pleaded guilty to laundering over $118,000 of her partner’s heroin proceeds by purchasing a home in New Orleans East, a New Orleans suburb.
In April 2016, Falkins purchased a home in New Orleans using 14 cashier checks worth $118,226.51. Falkins purchased these cashier checks using money that her heroin dealer partner Arthur Johnson had earned from selling heroin. With her purchase of the cashier checks and the New Orleans property, Falkins intended to conceal the nature, source and ownership of Johnson’s heroin proceeds.
Falkins will be forfeiting a 2017 Mercedes Benz and a Florida-located real estate property to the US authorities, both of which she had purchased using Johnson’s heroin proceeds. Falkins could face a jail term of up to 10 years, in addition to a penalty of up to $250,000 and over three years of supervised release.
Source: US Department of Justice