A former business development manager for the $1billion Philadelphia Federal Credit Union will be sentenced in June for his role inhelping Pennsylvania public officials, including an elected judge,launder drug money.

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Kevin M. Biederman, who worked at the credit union from 2012 toMarch 2016, pleaded guilty to conspiracy to commit money launderingand bank bribery Friday in U.S. District Court in Philadelphia.

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His plea deal was not publicly availableonline.

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Three Bucks County public officials were also charged withconspiracy to commit money laundering, money laundering, wirefraud, mail fraud and extortion.

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According to the court documents, from June 2015 to November2016, the public officials and Biederman conspired to launder$400,000 in cash during an undercover police investigation thatincluded a cooperating witness. The undercover cops told the countyofficials the money that needed to be laundered came from illegaldrug trafficking, health care and bank fraud schemes.

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The public officials charged the undercover cops a total of$80,000 in money laundering fees and allegedly paid off Biedermanto prepare packets of fake documents to make the money launderingtransactions look legitimate.

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What's more, Biederman solicited and accepted a bribe of $1,600to influence PFCU approval for a loan. However, courtdocuments do not reveal details about the type of loan, its amountor for whom.

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The public officials named in the indictment are John I. Waltmanof Trevose, a former Bucks County magisterial district judge,Robert P. Hoopes of Doylestown, former director of public safetyfor Lower Southhampton Township, and Bernard T. Rafferty ofLanghorne a former Pennsylvania deputy constable and the owner ofRaff's Consulting LLC.

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In carrying out the money laundering transaction scheme, federalprosecutors said Hoopes withdrew funds from his Customers Bankaccount and deposited the funds into Raff's Consulting account atPFCU. Rafferty then obtained a check drawn on Raff's Consultingaccount at PFCU in an amount equal to 80% of the total amount ofcash to be laundered for the undercover cops.

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At the direction of Waltman, Hoopes and Rafferty, Biedermanprepared bogus documents including Raff's Consulting invoices,non-disclosure agreements, consulting contracts, zoningapplications, land surveys and other fake documents, whichprovided a pretext for the money laundering transactions, federalprosecutors said.

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In an unmarked police cruiser, Hoopes drove to an officebuilding to meet the undercover cops in June 2016. After theyarrived with a duffel bag stuffed with $100,000 in cash, Hoopesgave the undercover agents the Raff's Consulting check for $80,000and the packet of bogus documents. Taking the duffel bag from theundercover cops, Hoopes walked to the parking lot where Waltman andRafferty were waiting in another car.

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After the public officials split the $20,000 money launderingfee, Rafferty deposited $80,000 in cash in his consulting firm'saccount at PFCU, according to court documents.

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This money exchange to launder the cash occurred two more timesin July and August, according to federal prosecutors.

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Philadelphia FCU said it had been aware of the federalinvestigation and fully cooperated with authorities.

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The Bucks County officials are also facing wire fraud, mailfraud and extortion charges for accepting a $1,000 bribe and thepromise of future money laundering fees and broker fees to usetheir positions as public officials to fix a traffic case for anassociate who was working with undercover cops. They have pleadednot guilty to all charges.

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