Skaneateles mansion owner sentenced to 7 years for money laundering
The owner of a Skaneateles lakefront mansion has been sentenced to more than seven years in prison for money laundering that prosecutors say stemmed from dealing drugs.
The Post-Standard of Syracuse reports that 53-year-old Charles Ludwig Blomquist III was sentenced Monday in federal court in Syracuse. Blomquist pleaded guilty in July to charges that also included tax fraud and failure to report foreign bank accounts.
He admitted he put money into a Swiss bank account with criminal profits, but never conceded that the money was from drug dealing.
Federal prosecutors say Blomquist sold cocaine and marijuana starting in the 1980s. Officials say he used the proceeds to build a $1.7 million home on the shores of Skaneateles Lake, 15 miles southwest of Syracuse.
The property will be put up for auction.