Nov 4, 2009 10:30 am http://cbs4.com/local/Josephus.Eggelletion.broward.2.1291165.html

Josephus Eggelletion is scheduled to appear in federal court in Fort Lauderdale Wednesday in connection with his corruption case.

Eggelletion may possibly enter a plea at the preliminary hearing. 

Eggelletion was charged in September, along with two Broward businessmen and a Bahamian attorney, with conspiring to launder $900,000 from a fraudulent investment scheme. 

Tuesday, a federal grand jury indicted businessman Joel "Jodi" Williams and attorney Sidney Cambridge on five counts of money laundering and one count of conspiracy to commit money laundering. If convicted, they face a maximum penalty of 20-years in prison and a $500,000 fine. 

Williams, and another co-defendant Ronald Owens, are also scheduled to appear in federal court in Ft. Lauderdale Wednesday. 

Federal authorities allege Eggelletion took $23-thousand from undercover FBI agents to help with the money laundering scheme in the Bahamas. He allegedly also helped undercover agents set up an account to wire $900-thousand to an offshore bank account for a fraud scheme. Federal authorities said Eggelletion was supposed to get kickbacks.