Gregory Paul Trahan, a 60-year-old man from Estes Park, Colorado, and a former FBI Agent, pleaded guilty today to structuring charges. This announcement was made by U.S. Attorney for the Northern District of Texas, Leigha Simonton.
Trahan had been charged through a criminal information in October and entered his guilty plea today on one count of structuring transactions to evade reporting requirements before U.S. District Judge Andrew S. Hanen.
Due to Trahan's previous employment as a Special Agent in the Houston FBI office, where he presented cases to the Southern District of Texas U.S. Attorney's office, the Southern District of Texas Assistant U.S. Attorneys had to recuse themselves. In light of this, Northern District of Texas Assistant U.S. Attorney Marcus Busch was appointed as a Special Attorney to the Attorney General.
In his plea papers, Trahan confessed to structuring transactions with the intent of preventing his spouse at the time from discovering his undisclosed bank accounts and concealing cash to prevent these funds from becoming part of the resolution of their community estate during their divorce proceedings. He made several withdrawals of several hundred thousand dollars from various bank accounts in amounts below the reporting requirements and deposited them in other bank accounts, also below the reporting requirements. Additionally, he stashed money at family residences.
Mr. Trahan is now facing the possibility of up to 5 years in federal prison.
