A resident of Northern Cambria, Pa., pleaded guilty in federal court to a charge of conspiracy to commit money laundering, United States Attorney David J. Hickton announced today.
Robert J. Paterno, 48, pleaded guilty to one count before United States District Judge Kim R. Gibson.
In connection with the guilty plea, the court was advised that from March 2008 to May 9, 2011, Paterno conspired to commit money laundering. In addition, evidence presented to the Court at the time of Paterno’s guilty plea reflected that Paterno conspired with George M. Lowmaster and others to conduct financial transactions involving proceeds generated through Lowmaster’s drug distribution organization with the intent to conceal the source of the proceeds and with the intent to promote the carrying on of Lowmaster’s drug distribution organization.
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