Former UFC Contender Chael Sonnen Pleads Guilty to Federal Money Laundering Char

[MindSpin]

An Oregon real estate agent has pleaded guilty to money laundering in connection with a mortgage fraud case involving Vancouver-based Lighthouse Financial Group, which also did business under the name Crown Point Financial Services.

Chael Sonnen, 33, of West Linn, Ore., entered the plea Monday in U.S. District Court in Portland. He will be sentenced March 28. The maximum sentence is 20 years in prison and a $500,000 fine.

According to a news release, Sonnen acted as the real estate agent in a transaction involving a home in Portland, and submitted a false letter and sales agreement instructing the title company to disburse $69,000 to a contractor for plumbing repairs. However, in a deal arranged by Lighthouse employees, $65,000 of the money was actually kicked back to the buyer.

[benchmstr]

An Oregon real estate agent has pleaded guilty to money laundering in connection with a mortgage fraud case involving Vancouver-based Lighthouse Financial Group, which also did business under the name Crown Point Financial Services.

Chael Sonnen, 33, of West Linn, Ore., entered the plea Monday in U.S. District Court in Portland. He will be sentenced March 28. The maximum sentence is 20 years in prison and a $500,000 fine.

According to a news release, Sonnen acted as the real estate agent in a transaction involving a home in Portland, and submitted a false letter and sales agreement instructing the title company to disburse $69,000 to a contractor for plumbing repairs. However, in a deal arranged by Lighthouse employees, $65,000 of the money was actually kicked back to the buyer.

sounds kinda like a personal attack....every real estate agent on earth does this....

bench

[mcmainiac]

*UPDATE*
Chael Sonnen has now been suspended by the UFC a day after his guilty plea according to sherdog. I guess this means his fight with Akiyama is off. I think the UFC is just doing this until his probation ends or the press latch on to something new, then he will be back.



http://www.sherdog.com/news/news/Report-Sonnen-Suspended-by-UFC-Following-Guilty-Plea-29186

[Fury]

I thought the UFC didn't employ criminals? 

[Migs]

sounds kinda like a personal attack....every real estate agent on earth does this....

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NOT ME! maybe i would make more money if i did

[benchmstr]

NOT ME! maybe i would make more money if i did

talking about here in the US...

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[Migs]

dude i live in Atlanta

[benchmstr]

dude i live in Atlanta

for some reason i was thinking swede when i read that

this is pretty much common practice with every real estate agent i know...

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[chixlegs]

Chael Sonnen seems like a real fraud.  He talks a lot of trash, then tests positive for testosterone use (HRT excuse), then gets pinched for illegal real estate practices and turns State witness to reduce his sentence as he squeels on everyone else that he was in cahoots with.  I think he might just be a fucking scum.

[Migs]

for some reason i was thinking swede when i read that

this is pretty much common practice with every real estate agent i know...

bench

shady peeps out there