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Queens Pharmacy Owner Sentenced For $24M Money Laundering

WNYC 93.9 FM New York City 17d17d Impact 5
Terry Kim, a 61-year-old pharmacy owner, was sentenced to over five years in prison for his role in a money laundering scheme. Kim co-owned several retail pharmacies located in Brooklyn and Queens. Federal prosecutors stated that he conspired to launder $24 million through these businesses. The sentencing occurred yesterday following the conclusion of legal proceedings.

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money laundering sentencing pharmacy

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Sources · 7 independent

WNYC 93.9 FM

“A Queens pharmacy owner is set to serve more than five years in prison in connection with a money laundering scheme following his sentencing yesterday.”

WNYC 93.9 FM

“Brooklyn and Queens. Federal prosecutors say he conspired to launder $24 million.”

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