MONCKS CORNER, SC (WCSC) - A Moncks Corner car dealer pleaded guilty to a money laundering case in which federal investigators say he allowed a drug dealer to buy multiple cars using money from drug trafficking.
US Attorney Bill Nettles said 41-year-old Keith Scott entered the guilty plea on Tuesday in federal court in Charleston to conspiracy to conduct financial transactions involving proceeds of narcotics trafficking.
According to authorities, evidence presented at the change of plea hearing established that during a time period spanning from May 2011 until November 2012, Scott, owner of Main Street Motors auto dealership in Moncks Corner allowed a known drug dealer to purchase multiple vehicles using proceeds from drug trafficking.
"Scott also allowed the purchaser to have other individuals sign paperwork as if they were purchasing the vehicle," authorities said.
Mr. Nettles stated the maximum penalty is imprisonment for 20 years and/or a fine of $500,000.
"United States District Judge David C. Norton of Charleston accepted the guilty plea and will impose sentence after he has reviewed the presentence report which will be prepared by the U.S. Probation Office," USDOJ officials said.
The case was investigated by agents of the Internal Revenue Service and the Federal Bureau of Investigations. Assistant United States Attorney Nick Bianchi of the Charleston is prosecuting the case.