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Two Jamaican men convicted of drug money laundering
The organization laundered more than $6 million in drug trafficking proceeds from Columbian cartels through banking systems in the United States, the Caribbean and Europe, according to officials.
Two Jamaican men were convicted for their involvement in a complex international money laundering organization, according to the statement from the United States Department of Justice.
St. Devon Anthony Cover, 61, and Dennis Raymond Rowe, 59, will be sentenced at a later date. Cover was convicted of one count of money laundering conspiracy and seven counts of laundering of monetary instruments. Rowe was convicted of one count of money laundering conspiracy, one count of money laundering and two counts of laundering of monetary instruments.
The two were part of a group of 20 individuals from Columbia, Jamaica and Florida who were indicted by a federal grand jury in May 2022 in connection with the conspiracy.
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The organization laundered more than $6 million in drug trafficking proceeds from Columbian cartels through banking systems in the United States, the Caribbean and Europe, according to officials.
“Today’s convictions reflect the relentless efforts of this office and our law enforcement partners to dismantle the sophisticated financial networks that fuel international drug cartels,” said U.S. Attorney Joshua S. Levy for the District of Massachusetts. “These defendants were key players in a scheme that laundered millions in drug proceeds – enabling the flow of deadly narcotics onto our streets. This case demonstrates that we will hold accountable all players in the illicit drug operations that have had a devastating impact on Massachusetts.”
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Over the length of the investigation, officials seized $1 million from corporate bank accounts and nearly 3,000 kilograms of cocaine – with a street value is over $90 million, according to the statement.
“Those who choose to launder money from drug proceeds are endangering the general public in Massachusetts,” said Acting Special Agent in Charge (SAC) Stephen Belleau of the Drug Enforcement Administration (DEA) New England Field Division. “Maintaining public safety requires that they be prosecuted aggressively. We will continue to work closely each day with our law enforcement partners to target those who seek to profit from the sale of deadly substances.”
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