SACO — Local businessman Michael Paul will be sentenced in August, and local attorney Gary Prolman will be sentenced in September, both on money laundering charges.
Paul is scheduled to be sentenced at U.S. District Court in Portland on Aug. 18, and Prolman on Sept. 4, according to court records.
Both pleaded guilty to charges of money laundering at separate trials in April, and they could each face up to 20 years in prison and a fine of up to $500,000.
In January 2012, Paul received about $25,000 in cash from David Jones, which he used to purchase a car for Jones, according to court documents from Assistant U.S. Attorney Daniel Perry. Jones’ money had been generated from drug sales, and Paul was aware that Jones’ primary source of income was marijuana trafficking, according to Perry.
In March of 2012, Paul issued Jones $14,000 in checks from his business account. The checks made it appear that the money was for “legitimate business expenses” for Paul’s business, but were in reality for marijuana Paul had received from Jones, according to Perry.
Prolman was suspended from practicing law last month.
Between 2011 and October 2013, Jones and others illegally distributed hundreds of pounds of marijuana in Maine and elsewhere. Between June and September of 2012, Prolman laundered about $177,500 worth of those drug proceeds, according to court records.
Prolman took cash from Jones to purchase an interest in Prolman’s sports agency business, according to a prepared statement from the U.S. Attorney’s office.
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