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Agencies share over $1 million from Shreveport money laundering case

4 months 1 week 4 days ago January 11, 2017 Jan 11, 2017 Wednesday, January 11 2017 January 11, 2017 1:05 PM in News
Source: ASSOCIATED PRESS
By: ASSOCIATED PRESS

SHREVEPORT - A federal prosecutor says more than $1 million is being handed over to law enforcement agencies as the result of a money laundering case involving a northwest Louisiana car dealership.

U.S. Attorney Stephanie Finley said Wednesday the money is going to state police, the Caddo, Bossier (BOH'-zhur) and DeSoto Parish sheriff's offices and the police departments of Shreveport and Bossier City.

The agencies are sharing in money forfeited as the result of the prosecution of a Shreveport area auto business and finance company. A news release from Finley's office says each agency is receiving about $174,170.

Two of the owners - 54-year old Michael Paul Boyter and 53-year-old Anthony Reuben Riley of Shreveport - were sentenced to prison in 2014 in connection with laundering of drug money.

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