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Glen Burnie resident Gerrod Davis, 46, pleaded guilty this week to his role in a conspiracy to launder money produced by drug sales throughout the region over the course of nearly a year.
According to Davis' plea, he handled bulk cash narcotics proceeds while his associates were responsible for street-level distribution of narcotics.
Members of the drug trafficking organization shared the cash proceeds of their street-level distributions with Davis, who then laundered the money on behalf of the organization.
Prosecutors said that Davis conducted “money drops” in which he transported large sums of drug proceeds to an individual purporting to act on behalf of a Mexican cartel.
"Davis made these transactions with the intention of promoting the drug trafficking organization and its business relationship with the Cartel as well as concealing the nature, location, source, ownership, and control of the proceeds of the drug trafficking organization," they added.
Between July 20, 2020, and May 6, 2021, Davis laundered or attempted to launder approximately $1.8 million.
Davis pleaded guilty to conspiracy to commit money laundering. When he is sentenced in June, he will face a maximum term of 20 years in prison, though he is expected to receive 75 months under his plea agreement, followed up by three years of supervised release.
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