Latest Legal News from the Criminal Courts of Los Angeles, California and the U.S.

April 29, 2007

SACRAMENTO MAN SENTENCED TO 40 YEARS IN PRISON FOR MONEY LAUNDERING

SACRAMENTO--United States Attorney McGregor W. Scott, IRS Criminal Investigation
Acting Special Agent in Charge Diane Carter and FBI Special Agent in Charge Drew Parenti announced that on Monday, April 23, 2007, United States District Judge William B. Shubb sentenced HUY CHI LUONG, age 37, aka JIMMY LUONG, to 40 years in prison for his role in a string of take-over robberies.

This case is the product of an extensive investigation by Internal Revenue Service
Criminal Investigation and the Federal Bureau of Investigation.
On October 4, 2006, JIMMY LUONG and his brother, DANNY HUNG LEUNG, were
convicted by a jury of money laundering and conspiracy to commit money laundering.
Specifically, JIMMY LUONG was convicted on 19 counts of money laundering; and one count of conspiracy to commit money laundering, and DANNY HUNG LEUNG of two counts of
money laundering and one count of conspiracy to commit money laundering.

According to Assistant United States Attorneys William S. Wong and Jason S. Hitt, who
prosecuted the case, the evidence introduced at trial showed that between 1994 and 1996, JIMMY LUONG and his associates were responsible for violent take-over robberies of approximately 31 computer-component and memory-chip businesses throughout California, including the April 20, 1995 take-over of Zenon, a computer store, which was robbed of memory chips valued at $1,180,000, and the May 16, 1995 take-over of Centon, a computer chip manufacturing outlet, robbed of memory chips valued at $10,000,000.

At trial, the evidence showed that JIMMY LUONG and DANNY HUNG LEUNG used
the proceeds from the robberies to purchase assets to include a Mercedes Benz 500SEL, a BMW 850i, three Lexus LS400s, a 26ft Bayliner boat, two homes and various electronics. JIMMY LUONG was also known to frequent Nevada casinos where his average bet was $788. JIMMY LUONG used DANNY LEUNG as a "straw buyer" on the purchase of one Lexus and other family members were used as "straw buyers" on other purchases.

United States Attorney McGregor W. Scott stated, “The special agents from the IRSCriminal Investigation and the FBI did an outstanding job with this investigation.”

DANNY LEUNG is scheduled to be sentenced before Judge Shubb on September 10,
2007.

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CALIFORNIA CRIMINAL DEFENSE LAWYER

JOSEPH SHEMARIA

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Latest Legal News from the Criminal Courts of Los Angeles, California and the U.S.