Army Reserve Officer Pleads Guilty To Money Laundering Conspiracy

The Justice Department recently announced that Bruce D. Hopfengardner, a lieutenant colonel in the U.S. Army Reserve, pleaded guilty to conspiring to commit wire fraud and to launder funds in connection with a scheme to steal currency designated for the reconstruction of Iraq and to steer contracts to a contractor in exchange for money and property. Hopfengardner also admitted to smuggling stolen currency into the United States in March 2004 when he returned from Iraq on leave.

See the full release here.