Car Dealer Pleads Guilty to Money Laundering
The owner of a Los Angeles car dealership that allegedly existed to sell luxury cars to drug dealers has pleaded guilty to money laundering and tax charges, federal authorities said this week.
Ahmad Reza Vosoughi, 32, told U.S. District Judge Dickran Tevrizian that he willingly accepted drug proceeds and knew that many of the customers of his firm, AMS Auto Sales, were drug traffickers.
Vosoughi pleaded guilty to conspiring to launder money, filing false tax returns and failing to file the required form--Form 8300--mandated by federal law when a business accepts more than $10,000 in cash. Vosoughi’s prosecution was the first in Los Angeles for failure to file the form, Internal Revenue Service officials said.
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