Area man charged with money laundering
ROCKWELL CITY — A Rockwell City man has pleaded guilty to a federal money laundering charge in a case that involved about $22 million, prosecutors reported. According to the U.S. Attorney’s Office for the Northern District of Iowa, Curtis Weston, 35, pleaded guilty to one count of money laundering. Prosecutors reported that Weston and another individual transferred $21,992,037 in fraudulently obtained loan funds. They said an employee of a bank, which was not named, transferred the funds from the bank’s general ledger into Weston’s bank account. The prosecutors said that at ...