- Associated Press - Friday, December 19, 2014

LOS ANGELES (AP) - An attorney who helped hide profits from a series of Southern California marijuana dispensaries has pleaded guilty to money laundering and conspiracy charges.

The Los Angeles Times reported Thursday (https://lat.ms/1x58MQu ) that 59-year-old Richard C. Brizendine of Long Beach faces up to 10 years in prison when he is sentenced in May.

Federal prosecutors said that Brizendine for six years represented John Melvin Walker, who owned marijuana shops in Los Angeles and Orange counties.

Officials say Walker made $25 million. Brizendine was accused of helping to shield some of the profits by structuring cash deposits in several accounts at less than $10,000 - the legal threshold for reporting to the federal government.

Walker was convicted last year for failing to report millions. He was sentenced to nearly 22 years in federal prison.


Information from: Los Angeles Times, https://www.latimes.com

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