HE’S GIVING UP $270,000,000 IN DRUG MONEY AND ASSETS!
Leader of the “Black Mafia Family” (BMF) pleaded guilty today to running a large scale drug organization and money laundering, United States Attorney Stephen J. Murphy announced.
Demetrius Flenory, 39, originally of Detroit of entered his guilty plea in United States District Court in Detroit before Judge Avern Cohn.
Specifically, Flenory admitted that from 1990 through 2005, he was the leader of a criminal enterprise involving the large scale distribution of controlled substances, mainly cocaine. Further, Flenory admitted to obtaining millions of dollars in cash from the sale of cocaine. He used the illegal proceeds of his drug trafficking to purchase real estate, vehicles and jewelry.
Under the terms of the plea agreement, Flenory faces a sentence of 30 years to life in prison. In addition, Flenory agreed to a money judgment in the amount of $270,000,000. A sentencing hearing was not set by Judge Cohn.
Demetrius Flenory’s brother, Terry Flenory and five other defendants are still scheduled for trial on November 26, 2007. Of the 41 defendants who were indicted along with the brothers, 32 have pleaded guilty.