SC Biz News


Subscribe to Our Digital Newsletters

Former North Charleston car lot owner sentenced for money laundering

  • cmsteam
Print Story
  • Share

Staff Report
Published Nov. 10, 2015

A former North Charleston car lot owner has been sentenced to a year and a day in prison for money laundering.

U.S. District Court Judge Michael Duffy handed down the sentence against John Nick, a 60-year-old Huger resident who owned and operated Nick’s Auto Sales at 4154 Rivers Ave. in North Charleston, according to a news release from U.S. Attorney Bill Nettles’ office.

Previous coverage:

From 2008 to 2010, Nick accepted about $97,000 in cash payments from five people who were drug dealers or claimed to be drug dealers to purchase cars. He then covered up the transactions by titling the cars in the names of associates or creating false liens to protect the cars from forfeiture for violating drug laws, the news release said.

Special agents with the IRS investigated the case, and Assistant U.S. Attorney Eric Klumb prosecuted it.

  • Share
Write a Comment