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Davie, Florida Couple Convicted in $7 Million Money Laundering and Mortgage Fraud Scheme

On Monday, Gary Souffrant and his wife Yvonne, both of Davie, Florida, were convicted in a Miami federal court for conspiring to launder drug money and defraud banks. Also accused, but later acquitted, was Garry’s brother, Miami-Dade Fire Rescue Captain Gamaliel Souffrant, of Pembroke Pines, Florida.

The conspiracy was said to have transpired between 2002 and 2008 and included the purchase of residential properties in Florida and Georgia. The couple were accused of using their business, Progressive Real Estate of Broward, Inc., to help drug traffickers purchase real property and luxury cars by acting as “straw purchasers.” One such car purchase included a 2004 Rolls Royce Phantom.

Assistant U.S. Attorney Michael “Pat” Sullivan said the case was investigated by the Miami-Dade Police Department, the FBI, and the IRS. According to Sullivan, the Souffrant conspiracy developed from a Northwest Miami-Dade cocaine ring led by Ali Adam and Graylin Kelley. Adam and Kelley have already been convicted and were both sentenced to 30 years in prison.

Garry and Yvonne Souffrant are presently scheduled for sentencing on February 2, 2010 before the Honorable Paul C. Huck, of the U.S. District Court for the Southern District of Florida, and are facing between 5 and 30 years each for their participation in the conspiracy.

In deciding how to sentence the Souffrants, Judge Huck is likely to consider any prior criminal history, a recommendation by the U.S. Attorney’s Office, as well as any acceptance of responsibility or expression of remorse by the Souffrants. The Court is also expected to consider any relevant mitigating factors presented by defense lawyers.

If they have not done so already, the U.S. Attorney’s Office is also expected to pursue civil forfeiture of any assets seized from the Souffrants, including real property, cars, cash, jewelry, or any other items of value which are tied to the criminal conduct.

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