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Rochester man pleads guilty to federal charges

Rochester Business Journal
October 21, 2013

A second Rochester man has been convicted in a money-laundering scheme, federal prosecutors said.

Brian Campbell of Rochester pleaded guilty in the Rochester U.S. District Court on Friday to a charge of conspiracy to engage in money-laundering activities. The scheme’s alleged mastermind, Kenneth Griffin, 45, was convicted of similar charges last May.

The money laundering charges trace to an alleged scam involving a local staffing service. Campbell, 74, handled the staffing firm’s finances, Assistant U.S. Attorney John Feld said.

Operating as the staffing agency’s head behind the scenes while keeping the service in the names of several other individuals, Feld said, Griffin allegedly created phony accounts backed by fictitious time sheets. He then sold the uncollectible fake accounts as legitimate receivables to factoring firms for cash.

To hide some $567,000 in ill-gotten cash, Feld said, Campbell and Griffin loaded money on to anonymous debit cards and then ordered lower-level staffing firm workers to use the cards to draw cash from area ATMs.  

The money laundering charge carries a maximum 20-year prison term and a fine of up to $500,000.

Griffin is slated to appear before District Judge Frank Geraci for sentencing in December. Campbell’s sentencing, also before Geraci, is scheduled for January. 
    
(c) 2013 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail service@rbj.net.
 


 


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