Chael Sonnen Pleads Guilty to Money Laundering

**ChenPengFi** · Posted On: 1/04/2011 7:05pm

January 03, 2011

Chael Sonnen Pleads Guilty to Money Laundering Related to Mortgage Fraud

PORTLAND, Ore. - Chael Sonnen, 33, of West Linn, Oregon, plead guilty today to one count of money laundering in federal court before the Honorable Michael Mosman. Sentencing is scheduled on March 28, 2011 at 11:30 a.m.

Sonnen, a licensed realtor in the State of Oregon, admitted that a financial transaction he conducted was designed to conceal or disguise the ownership and control of the proceeds of wire fraud.

Press Release

According to the press release he could face up to 20 years and $500,000.

**JSK_83** · Posted On: 1/05/2011 2:57pm

Damn! That's a hell of a lot of time in prison! Don't drop the soap, Chael! (Are you allowed to say that on this site? lol) no, seriously.

**greatheight** · Posted On: 1/05/2011 3:24pm

I read somewhere hat because he plead guilty, he'll be on probation for 10 months, get fined a ton of cash, and loose his liscense to sell. No biggie. Hopefully he'll still get to fight Akiyama.

Also, this was already mentioned in the MMA forum I believe...