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唐朱昌
唐朱昌
教授,博士生导师。复旦大学中国反洗钱研究中心首任主任,复旦大学俄...
严立新
严立新
复旦大学国际金融学院教授,中国反洗钱研究中心执行主任,陆家嘴金...
陈浩然
陈浩然
复旦大学法学院教授、博士生导师;复旦大学国际刑法研究中心主任。...
何 萍
何 萍
华东政法大学刑法学教授,复旦大学中国反洗钱研究中心特聘研究员,荷...
李小杰
李小杰
安永金融服务风险管理、咨询总监,曾任蚂蚁金服反洗钱总监,复旦大学...
周锦贤
周锦贤
周锦贤先生,香港人,广州暨南大学法律学士,复旦大学中国反洗钱研究中...
童文俊
童文俊
高级经济师,复旦大学金融学博士,复旦大学经济学博士后。现供职于中...
汤 俊
汤 俊
武汉中南财经政法大学信息安全学院教授。长期专注于反洗钱/反恐...
李 刚
李 刚
生辰:1977.7.26 籍贯:辽宁抚顺 民族:汉 党派:九三学社 职称:教授 研究...
祝亚雄
祝亚雄
祝亚雄,1974年生,浙江衢州人。浙江师范大学经济与管理学院副教授,博...
顾卿华
顾卿华
复旦大学中国反洗钱研究中心特聘研究员;现任安永管理咨询服务合伙...
张平
张平
工作履历:曾在国家审计署从事审计工作,是国家第一批政府审计师;曾在...
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上传时间: 2010-09-24      浏览次数:1842次
Accused ringleader pleads guilty to drug and money laundering charges
关键字:money laundering

By Matt Ryan, Free Press Staff Writer • Thursday, September 23, 2010

http://www.burlingtonfreepress.com/article/20100923/NEWS02/100923031/Accused-ringleader-pleads-guilty-to-drug-and-money-laundering-charges

 

The man accused of heading a cocaine ring that operated out of an auto detailing business in South Burlington has admitted to committing several drug crimes.

 

Michael Olsen, 36, of Milton pleaded guilty Thursday in federal court in Burlington to one count of conspiring to distribute cocaine, one count of intending to distribute cocaine, one count of distributing cocaine, three counts of money laundering and one count of obtaining confidential phone records.

 

Olsen’s change of plea was not part of an agreement with the government, Assistant U.S. State’s Attorney Joe Perella said.

 

Judge William Sessions III ordered a presentencing report to be filed, and the court scheduled Olsen’s sentencing for Jan. 24. Olsen faces between 10 years and life in prison.

 

Olsen’s drug ring operated out of Rizzo Bros. in South Burlington, and sold cocaine throughout Chittenden and Franklin Counties in 2008 and 2009, according to court papers. Federal agents who broke up the ring said in affidavits that Rizzo Bros. functioned primarily as a front for the drug operation, and rarely worked on cars.

 

Twenty people were indicted in February for playing a role in the drug ring.

 

Olsen admitted Thursday in court to using drug proceeds to support Rizzo Bros., to buy a 2007 Chevrolet Tahoe and to pay start-up expenses for Callahan’s Pub, a now-defunct Burlington bar. He also admitted to enlisting the help of a Sprint-Nextel employee to access the cell phone records of federal Drug Enforcement Administration agents, to determine who in the ring might be supplying the agents information.

 

Olsen, however, denied the government’s claim that he led the ring.

 

"My main dispute is, they’re making me seem like the ring leader," Olsen said.

 

He also stuck by the not guilty plea he entered in response to a robbery charge. The government accused Olsen and co-defendant David Dean of Starskboro of robbing a competing cocaine dealer in Bristol of money, drugs and a gun in 2008.

 

In August, Dean — the ring’s "hired muscle," according to police informants — agreed to plead guilty to drug conspiracy and robbery charges, cooperate with investigators and, if necessary, testify against Olsen and other defendants in the case. In exchange, the government agreed to drop three related charges against Dean.

 

Dean was a trusted colleague of Olsen who three times flew to locations in Arizona and California in 2008 and 2009 to purchase kilograms of powder cocaine from unnamed suppliers, Perella has said.

 

Of the 20 people indicted, 16 have either entered plea agreements or pleaded guilty without making a deal with the government, Perella said. Perella said he expects to enter additional plea agreements in the case.