ORLANDO -- A used-car dealer was found guilty of purposely making deposits of less than $10,000 at a time to avoid reporting transactions from sales to the government, a federal jury determined Friday. With guilty verdicts in hand, he now faces up to 515 years in prison.
U.S. prosecuting attorney A. Brian Albritton said Lucio Ramirez, 45, of Colma Auto Sales, 202 N. Spring Garden Ave., made bank deposits of between $9,000 and $9,900 on car sales to avoid submitting "currecy transaction reports."
The currency reports are mandated by the government to deal with money laundering issues.
No sentencing date has been set.