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Thursday, 25 September 2008
Daniel King was sentenced to federal prison after pleading guilty in July to one count of structuring.
Daniel King was sentenced to federal prison after pleading guilty in July to one count of structuring. The charge involves making bank deposits in amounts less than $10,000 to avoid reporting requirements. Federal authorities say King also bought a $1.15 home in Saratoga and made other purchases in the late 1990s from his cocaine trafficking activities. After the government seized some of his assets, King fled the country for about a year. When he returned in 1999, prosecutors say King was able to escape arrest by living in Texas under an assumed name. When the 67-year-old King finishes his 18-month sentence, he'll be on supervised release for three years.
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