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Doctor pleads guilty in Oxycodone, money laundering case

6 months 1 week 3 days ago Friday, September 08 2017 Sep 8, 2017 September 08, 2017 6:34 AM September 08, 2017 in News
Source: Associated Press
By: Associated Press
Photo: WGNO New Orleans

NEW ORLEANS- A New Orleans physician has pleaded guilty to money laundering and illegally dispensing drugs.

The U.S. Attorney's Office in New Orleans says in a Thursday news release that 58-year-old Frederick Floyd had been arrested in July.

Prosecutors said he illegally dispensed - and worked with others to dispense - Oxycodone and other drugs. Floyd pleaded guilty Thursday. U.S. District Judge Carl Barbier set sentencing for Dec. 28.

The U.S. Attorney's Office says Floyd faces a mandatory 10-year prison term if Barbier accepts the plea agreement in the case.

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