Pensacola man pleads guilty to laundering millions in cocaine money through casinos
A Pensacola man pleaded guilty to laundering millions of dollars through a cocaine trafficking scheme, the U.S. Attorney's Office announced June 27.
Rayvaughn Andrews pleaded to federal charges including conspiracy to distribute and possess with intent to distribute cocaine, as well as money laundering.
"Those who think they can profit and live lavish lifestyles off drug trafficking in the Northern District of Florida are sorely mistaken, and will soon find themselves in federal prison," said U.S. Attorney John Heekin.
Andrews conspired to with others to distribute large amounts of cocaine between 2021 and 2024, which ended up on the streets of Escambia County.
After receiving cash from selling millions in cocaine, he laundered $10 million through multiple casinos in Mississippi and Nevada.
Andrews faces up to life in prison and the forfeiture of $40,000, along with a Chevrolet Corvette.
This article originally appeared on Pensacola News Journal: Pensacola man Rayvaughn Andrews guilty of money laundering, drug sales
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