Ala. man sentenced in money laundering scheme

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BIRMINGHAM, Ala. (AP) — A Pelham man has been sentenced to 37 months in prison in a money laundering scheme that involved his daughter as a co-conspirator.

Authorities say 69-year-old Paul Lane Jr. and his 28-year-old daughter, Katherine, concocted a story about her being assaulted at work and needing money for a personal injury lawsuit. Officials say the two collected more than $400,000 and told victims they'd be repaid from the suit's settlement.

The Lanes were indicted for wire fraud, mail fraud and money laundering. U.S. Attorney's officials say Paul Lane Jr. — who pleaded guilty in August — was ordered to pay $343,900 in restitution to 20 victims and pay $10,500 to the government as proceeds of illegal activity.

Katherine Lane pleaded guilty in 2010 and was sentenced to 87 months in prison.



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