Black Mafia Family (BMF) kingpin, Demetrius Flenory (a.k.a. Big Meech) pleaded guilty on Monday (November 19) to operating a continuing criminal enterprise, which was responsible for drug distribution and money laundering.
According to the Detroit Free Press, the 39-year-old drug kingpin pled guilty before U.S. District Judge Avern Cohn in Detroit, admitting to heading his criminal enterprise from 1990 to 2005, which generated millions of dollars from the sale of cocaine.
The proceeds of the drug sales were laundered through real estate purchases and used to buy a slew of vehicles and jewelry. Under the terms of the plea bargain, he agreed to forfeit $270 million to the government.
He faces 30 years to life in prison. A sentencing hearing has yet to be set.
On Tuesday (November 20), Demetrius' brother, Tony Flenory, pled guilty to the same charges and faces the same consequences.
Five other defendants, which involved 58 defendants, are expected to go to trial next year.
Last month, celebrity jeweler, Jacob The Jewelry (real name: Jacob Arabov) pleaded guilty (see "Jacob The Jeweler Cops Plea In Money-Laundering Case") to lying to federal agents and falsifying records about the true ownership of jewelry agents seized from Terry Flenory and others. As a result of the plea bargain, he faces a 37 to 46 months sentence and must forfeit $2 million in cash.
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