More than $750,000 in cash in head shop owner's home
January 27, 2014 — 3:13pm
Authorities seizing assets of a convicted Duluth head shop owner hit a jackpot in the bathroom.
Law enforcement agents found $767,346 in currency, most of it wrapped in plastic and “hidden in a small space concealed behind what appeared to be a cabinet in the lower level bathroom” in the home of Last Place On Earth owner Jim Carlson, according to federal court papers filed Monday.
They found $5,000 in a “Buddha-type decorative item” on a living room shelf, $6,500 in a dining room hutch and $302 tucked between the master bed mattress and bedrail, the filing said.
Federal prosecutors are seeking to recover profits from Carlson, who was convicted in October of misbranding and selling illegal synthetic drugs and laundering the money. He is in jail awaiting sentencing. His girlfriend Lava Haugen, also convicted in the case, still lives at the house that agents searched in Superior, Wis. on December 18.
An Internal Revenue Service agent calculated that Last Place on Earth generated $6.5 million in proceeds from selling the illegal substances.
The son of a Russian lawmaker has been convicted of hacking into U.S. businesses to steal credit card information and orchestrating an international online theft scheme that netted him millions of dollars.
Former Los Angeles County Sheriff Lee Baca withdrew his guilty plea Monday to lying about efforts to thwart an FBI investigation into abuses at the jails he ran, saying he wants to "set the record straight" at trial before he declines from Alzheimer's disease.
Spain's National Court has sentenced 11 former company directors to prison terms of between two and 12 years for running a fraudulent multi-billion-euro (-dollar) pyramid scheme that used the savings of hundreds of thousands of small-time investors.