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Chael Sonnen pleads Guilty to Money Laundering charges for Plea deal with no Prison Time

The “Oregon Gangster” lives up to his name once again. Chael Sonnen’s continues to sort problems in court as it has been reported now that the reason for his dropping out of candidacy for Oregon House District 37 was for a looming court decision for money laundering.

The case stemmed from a 2006 house sale in which Sonnen and associates offered a  $69,091 kickback to straw buyers. The problem is the $69,091 came from the mortgage company, Decision One Mortgage for the payment of  plumbing work by  Crown Plumbing, a company owned by Sonnen’s Mother. A job that was found to never be done as the money fell into the hands of the straw buyers instead.

Sonnen has really dodged a bullet again though, taking a plea bargain in the case as money laundering may deem up to 20 years in prison and a $500,000 fine. Aside a likely two years of probation recommendation, as part of his plea deal, Sonnen agreed to give up his Realtor’s license and pay a $10,000 fine, said Michelle Holman Kerin, the assistant U.S. attorney handling the case.

Source: Oregon Live

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