NEW ORLEANS — A New Orleans physician has pleaded guilty to money laundering and illegally dispensing drugs.
The U.S. Attorney’s Office in New Orleans says in a Thursday news release that 58-year-old Frederick Floyd had been arrested in July. Prosecutors said he illegally dispensed — and worked with others to dispense — Oxycodone and other drugs.
Floyd pleaded guilty Thursday. U.S. District Judge Carl Barbier (BAHR’-bee-aye) set sentencing for Dec. 28.
The U.S. Attorney’s Office says Floyd faces a mandatory 10-year prison term if Barbier accepts the plea agreement in the case.