Dejong

United States v. Dejong

Good Law
42 F. App'x 5
United States Court of Appeals for the Ninth CircuitMarch 18, 2002No. 00-10503; D.C. No. CR-99-00517-MJJCalifornia826 words

Opinion

Lead Opinion

MEMORANDUM **

Fred Eric DeJong appeals the district court’s application of a five-level sentence enhancement based on its finding that he engaged in money laundering involving more than $1 million but less than $2 million. See U.S.S.G. § 2S1.1(b)(2)(F). We have jurisdiction pursuant to 28 U.S.C. § 1291 . We review the district court’s finding regarding the amount of money involved in a money laundering offense for clear error, United States v. Golb, 69 F.3d 1417, 1431 (9th Cir.1995), and we affirm.

DeJong and co-defendant Aexis Carles operated AC Trading Group, Inc. and AC Trading Group Fund, L.P. (collectively “AC Trading”), businesses purporting to buy and sell contracts for the future deliv *6 ery of commodities. On December 9,1999, a federal grand jury returned a forty-eight count indictment against DeJong and Carles, charging them with mail fraud, wire fraud, and money laundering. De-Jong pled guilty to one count of mail fraud, in violation of 18 U.S.C. § 1341 , and one count of money laundering, in violation of 18 U.S.C. § 1956 (a)(1)(A)(i). At sentencing, the district court found that $1,182,504.84 that DeJong and Carles paid to investors and business associates from May…

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