Dealing explosives without a license also carries a maximum prison sentence of 10 years and $250,000 fine. Money laundering carries a maximum prison sentence of 10 years and a fine of $250,000 or twice the value of the property involved in the transactions, whichever is greatest. He admitted that he willfully failed to report at least $80,000 in income per year during each of these tax periods, according to court records. Clark did not have a license to distribute, possess, or sell these explosive materials, according to court records.Ĭlark earned significant income between 20 from the sale of fireworks and explosive materials but failed to report some of that income on his federal tax returns. He also admitted to selling illegal fireworks between June 2009 and June 2010 from his auto dealership, an activity which constitutes explosives dealing under federal law. Clark titled these cars in the names of individuals other than the drug dealers in order to help conceal ownership of the vehicles, and he placed false liens on the vehicles, in an effort to prevent law enforcement from seizing the property as proceeds of drug trafficking, according to court records.Ĭlark laundered the proceeds from the illegal auto sales by depositing cash, totaling between $120,000 and $200,000, into his bank account, according to court records.
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