A Maryland lawyer has pleaded guilty to conspiring to launder the profits of marijuana sales, federal prosecutors said today.
The lawyer, Brian Young of Upper Marlboro, Md., had been accused of advising drug traffickers of ways they could make their income appear legitimate. Young accepted tens of thousands of dollars from drug sales and invested it in real estate, prosecutors said.
Later, after prosecutors charged one of the suspected traffickers, William Cornman, they say Young accepted more than $60,000 in cash from Cornman’s partners and used the money to pay for Cornman’s legal fees. A grand jury indicted Young in February on four counts of money laundering and conspiracy.
Young entered a guilty plea to a conspiracy charge today before Judge Gerald Lee in U.S. District Court for the Eastern District of Virginia, prosecutors said in a news release. He’s scheduled to be sentenced July 15.
Young’s attorney, Lisa Manning of Washington’s Record Absolutions, did not immediately respond to requests for comment. A phone number for Young’s law firm, O'Brien, Young and Knowles, has been disconnected.
It is sad to see the end of a career like this..and surely it is the end?
Greed is certainly one of the most damaging vices.
Posted by: Terry Beckett | April 26, 2011 at 05:25 PM