Sioux Falls Man Sentenced for Money Laundering

Gregory Henderson received 5 years in federal prison for his role in a drug trafficking and money laundering operation.

Mar. 30, 2026 at 6:04pm

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An extreme close-up photograph of a stack of cash bills lit by a harsh, direct camera flash against a pitch-black background, conceptually representing the gritty reality of money laundering.This harsh, unforgiving image of drug money highlights the serious consequences for those involved in organized financial crimes.Sioux Falls Today

A 63-year-old Sioux Falls man named Gregory Henderson has been sentenced to 5 years in federal prison for his involvement in a drug trafficking and money laundering operation that moved methamphetamine between California and South Dakota and laundered over $700,000 in drug proceeds.

Why it matters

This case highlights the ongoing battle against organized drug crime and money laundering in the Midwest, with Sioux Falls serving as a hub for illicit drug distribution and financial crimes. The sentencing sends a strong message about the consequences for those who participate in these types of large-scale criminal enterprises.

The details

According to U.S. Attorney Ron Parsons, the drug trafficking organization that Henderson was a part of trafficked around 200 pounds of methamphetamine and laundered over $700,000 in drug money. Henderson was convicted in December for his role in moving the money on behalf of the organization.

  • Henderson was convicted in December.
  • He was sentenced on March 30, 2026.

The players

Gregory Henderson

A 63-year-old Sioux Falls resident who was convicted of money laundering for a drug trafficking organization.

Ron Parsons

The U.S. Attorney who prosecuted the case against Henderson.

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What they’re saying

“This case highlights the ongoing battle against organized drug crime and money laundering in the Midwest, with Sioux Falls serving as a hub for illicit drug distribution and financial crimes.”

— Ron Parsons, U.S. Attorney

What’s next

The Bureau of Prisons will determine where Henderson will serve his 5-year sentence.

The takeaway

This sentencing underscores the serious consequences for those involved in large-scale drug trafficking and money laundering operations, even in smaller Midwest cities like Sioux Falls. Law enforcement remains vigilant in disrupting these criminal networks.