Fla. couple indicted in money laundering

November 02, 1990|By Kelly Gilbert | Kelly Gilbert,Evening Sun Staff

A Key West, Fla. couple has been indicted on conspiracy, money-laundering and related criminal charges for allegedly using cocaine proceeds to buy property in Florida and in Worcester County, Md.

The 15-count indictment, returned yesterday by a grand jury in U.S. District Court in Baltimore, charges Richard R. McCleary and his wife, Suzanne Gentz McCleary, alias Suzanne Cohill, with directing a money-laundering scheme. They allegedly transferred large amounts of cash to banks in the Netherlands Antilles, then had it wired back to attorneys in Florida and Maryland to pay settlement costs on homes the couple bought.

The indictment is the latest development ina continuing series of criminal prosecutions and civil forfeiture proceedings aimed at stripping the couple of assets from Richard McCleary's cocaine operation on the Eastern Shore.

He was convicted of cocaine-related conspiracy charges in Worcester County Circuit Court in September.

Assistant U.S. Attorney Robertson E. Sims said Richard McCleary bought cocaine from Florida sources and sold in it Maryland before he turned the drug business over to Archie Elliott, an associate who pleaded guilty earlier this year to state drug charges and federal tax evasion counts.

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