Boston Man Charged With Money Laundering

BOSTON (24/7 NewsSource) -- A Boston man is facing federal charges accusing him of money laundering drug proceeds.  

Juan Peguero is accused of laundering $500,000 dollars in drug money during two transactions in 2015. The charges were handed down in a recent grand jury indictment, and Peguero was arrested yesterday. He's facing a maximum of 20 years in prison and huge fines if he's convicted. 

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