BALTIMORE, MD – A significant guilty plea was entered by a Maryland man for his involvement in a money laundering scheme connected to drug trafficking activities.
Gerrod Davis, 46, from Glen Burnie, Maryland, admitted to participating in a conspiracy to commit money laundering, according to announcements from U.S. Attorney Erek L. Barron and officials from the DEA and Baltimore County Police Department.
Davis’s role within the drug trafficking organization involved handling the bulk cash from narcotics sales, which he then laundered to benefit the organization and obscure the illicit origin of the funds. His operations included transporting large sums of money, totaling at least $1,811,611 between July 2020 and May 2021, to individuals linked to a Mexican Cartel, thereby supporting and concealing the drug trafficking organization’s operations.
Scheduled for sentencing on June 28, 2024, by U.S. District Judge Deborah K. Chasanow, Davis faces up to 20 years in prison with a possible 3 years of supervised release. However, a plea agreement proposes a 75-month federal prison term, contingent on court approval.