A former Boise car dealer pleaded guilty today to an elaborate scheme of money laundering.
Joseph Monte Johnson, who listed an Idaho Falls address as his residence but was employed by the West Coast Car Company, admitted to selling automobiles to suspected drug dealers, but not using real names of the buyers on any forms connected to the sale. Johnson accepted $55,000 in cash for car sales in July 2010. He allegedly told the same suspected drug dealers that he would continue to accept cash for cars and not use the buyers' true names.
The charge of conspiracy to money laundering carries a maximum punishment of up to 20 years in prison and a fine of up to $500,000. Sentencing is scheduled for Nov. 17 in a Boise federal courtroom.