Member and Associate of Barrio Azteca Gang Plead Guilty to Racketeering and Money Laundering Conspiracy
WASHINGTON – Alan James Watson, 46, of Clinton Township, Mich., pleaded
guilty today to fraudulently soliciting and accepting $40 million from more than 750 members of his investment club and losing nearly all of it through non-disclosed, high-risk investments. Victims were
located in Virginia and nationwide.
The
guilty plea was
announced by Assistant Attorney General Lanny A. Breuer of the Criminal Division, U.S. Attorney Neil H. MacBride for the Eastern District of Virginia and James ....
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