Newport Lawyer Sentenced in Money-Laundering Case
- Share via
A Corona del Mar attorney has been sentenced to 15 months in prison and ordered to pay a $40,000 fine after pleading guilty to money-laundering charges related to a telemarketing scam involving office products, according to the U.S. attorney’s office.
John Connelly Jr., 50, was indicted in November 1995 for engaging in illegal financial transactions, including helping conceal assets, related to a boiler-room operation run by his brother Dennis Connelly.
Dennis Connelly’s company, Internal Systems Corp., fraudulently sold toner and other supplies for copy machines to small businesses over the phone. The nationwide telemarketing operation took in more than $25 million, according to the indictment. Dennis Connelly pleaded guilty to fraud charges in September and is scheduled to be sentenced Feb. 10.
As part of John Connelly’s plea agreement, he has agreed to cease practicing law in California and permanently resign from the California Bar.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
