SAN FRANCISCO (AP) — A northern California man has pleaded guilty to counterfeiting Xanax pills for more than a year and laundering his profits using foreign banks.
The San Francisco Chronicle reports (http://bit.ly/2mPwgdi ) that 27-year-old Antoine King, of Oakland, changed his plea on Tuesday as part of an agreement in which he admitted to making and selling fake Xanax pills. He faces a sentence of up to 35 years in prison.
Prosecutors say King had been selling the drugs from 2014 to 2015 and originally had 33 charges with four co-defendants.
Under the agreement, he pleaded guilty to conspiracy to manufacture, distribute and possess with intent to distribute a controlled substance, trafficking in a counterfeit drug and conspiracy to commit international money laundering