Bay Area Man Pleads Guilty to Counterfeiting Xanax Pills

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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 ( ) 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