Member of North Idaho drug trafficking organization pleads guilty to money laundering
COEUR D’ALENE, Idaho -
A 34-year-old North Las Vegas woman pleaded guilty Wednesday to conspiracy to launder money. Simon was indicted by a federal grand jury in Coeur d’Alene in January. She’s the second person to plead guilty out of an indictment which charges 11 people.
Simon admitted that since about 2010 she laundered $482,955.71 that had been obtained by a drug trafficking organization what was led by Simon’s mother, Loren Toelle. Toelle’s husband Stanley was also arrested in connection to the multi-state drug organization back in February. The organization sold drugs in Idaho, Washington, Nevada, Montana and North Dakota.
Simon participated in the conspiracy by depositing the organization’s drug profit into her personal bank accounts and business accounts belonging to Vegas Stylez House of Beauty, a hair salon in Las Vegas, Nevada, owned by Simon and Toelle. Simon used a portion of the drug profits deposited in her bank accounts to pay expenses related to the organization, further promoting it.
The charge of conspiracy to commit money laundering is punishable by up to 20 years in prison, a maximum fine of $250,000, and up to three years probation.
Sentencing is set for January 19, 2017 in Coeur d’Alene.