Lapid wife relieved cash smuggling case over
Lapid wife pled guilty to cash smuggling
LAS VEGAS, Nevada - The wife of Sen. Lito Lapid is relieved that a US district court has handed down its verdict after she pled guilty to cash smuggling.
Marissa Tadeo Lapid was sentenced to three years of probation, including five months home confinement, a $40,000 fine, and forfeiture of $159,700 after pleading guilty to cash smuggling and conspiracy to structure money transactions.
Natalie Collins, spokesperson for lawyer Daniel Bogden of the US District Court of Nevada in Las Vegas, said Mrs. Lapid was charged for “knowingly and willfully conspiring and agreeing with other persons, both known and unknown, to commit the crime of structuring transactions with intent to evade reporting requirement.”
“Mrs. Lapid pled to two counts that are reporting violations and she received three years probation. There was no evidence that any of the money involved in the case was improperly obtained. It was simply a failure to properly report the money,” the decision read. Report by Bev Llorente, ABS-CBN North America News Bureau
ANC TOP STORY, February 6, 2013