SAN DIEGO—A San Diego gold exchange business and its managers were sentenced Dec. 3 for federal financial crimes stemming from a long-running money-laundering operation.
According to the U.S. Attorney’s Office, Global Gold Exchange LLC, and managers Richard M. Owen, 52; James Warren, 50; and Jeffrey Morrow, 46, laundered money from a number of illicit sources and fraudulently documented the activity as gold transactions.
