Man convicted of a financial crime over marijuana money

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http://www.stltoday.com/stltoday/news/stories.nsf/laworder/story/B8C51385D26FD1ED862576BF00131FFA?OpenDocument

Loren Ramsey was convicted of financial crimes when he pleaded guilty to a single count of structuring financial transactions to avoid reporting requirements. He deposited $843,547 into his account from 2005 to 2008. The money belonged to Michael R. Harper who was a major marijuana supplier and the financier of pot purchases by associates. Harper took a friend Bradley C. Clubb hostage and eventually shot him and killed himself then after setting fire to his own place. Loren who is 71 took the money from Harper and was eventually caught and had a few assets seized and they are currently going for a vehicle and some more money. More on the article can be found at the link above.

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