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Just because they did it on Breaking Bad doesn't mean you should do it.


47of74

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A former Cleveland defense attorney decided it would be cool to do as Saul did on Breaking Bad.  It didn't work out that good for him.

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Following Goodman’s lead, lawyer Matthew King suggested setting up a sham corporation to launder drug proceeds, according to the Cincinnati-based 6th U.S. Circuit Court of Appeals. “This did not end well,” Judge Jeffrey Sutton wrote (PDF).

King was convicted of two counts of money laundering and one count of attempted money laundering. He was sentenced to 44 months in prison.

King had fallen on hard times when he approached Marcus Terry, a man he believed to be a drug dealer, and offered to launder money for him, Sutton wrote. “As fortune would have it,” Sutton wrote, “Terry was posing as a drug dealer (he was a confidential informant in truth), and he told police about King’s offer.”

In meetings arranged by police, Terry wore a wire. King said he could set up a sham corporation, as he had seen on Breaking Bad, or he could launder money through his IOLTA account by providing fictitious legal services for Terry. They decided on the IOLTA approach.

 

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  • 2 months later...

I guess he didn't watch Better Call Saul which opens with Saul in hiding working in an Omaha Cinnabon store.

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