STAFF REPORTS • January 10, 2011

http://www.tennessean.com/article/20110110/NEWS03/110110067/Man-heads-to-prison-for-money-laundering-scheme

A 54-year-old man starts his federal prison sentence next month for conspiracy to commit money laundering through a Madison used car lot.

Allen Duane Jones Sr., of Pleasant View, was sentenced to 30 months in prison, followed by two years of supervised release, in U.S District Court in Nashville on Friday.

He was indicted in September and charged with five counts of money laundering and one count of conspiracy to commit money laundering and a count of structuring.

Jones, who ran the used car lot Cars, Card, Cars in Madison, conspired with other people to use drug money to make financial transactions, said Jerry Martin, U.S. Attorney for Middle District of Tennessee.

Jones structured bank deposits of less than $10,000 in five separate instances, knowing that filing more than $10,000 would've required the bank to report it, according to indictments.

U.S. District Court Judge Aleta Trauger ordered the forfeiture of $41,737.

Jones has to report to prison on Feb. 7.