Gregory H. Whitworth, 45, of Breton, Ala., faces up to 20 years in prison and a fine of $500,000 after pleading guilty to money laundering.
Assistant U.S. Attorney MaryEllen Kresse, who is handling the case, said from March 2005 until January 2006, Whitworth was involved in laundering the proceeds of telemarketing fraud through a Columbus, Ohio company called Integrated Check Technologies.
In the scheme, victims’ money was deposited into bank accounts controlled by Integrated Check Technologies and then transferred back to telemarketers in Canada and the United States. Whitworth admitted that he was involved in the laundering of close to $20 million.
The owner of Integrated Check Technologies, Thomas Cimicato, pleaded guilty in January 2010 for his role in the money laundering scheme and was sentenced on Dec. 23 to four years probation.
Another company involved in the money laundering scheme was Eclipse Processing, Inc. of Williamsville, Erie County, owned by Ralph S. Guastaferro Jr., who pleaded guilty to money laundering in November 2009. He is awaiting sentencing.
Whitworth, who was previously living in Bahrain, is scheduled to be sentenced April 27 by Chief U.S. District Court Judge William M. Skretny.