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Canton Man Sentenced to more than 3 Years in Federal Prison for Wire Fraud and Money Laundering

RAPID CITY - United States Attorney Ron Parsons announced today that U.S. District Judge Karen E. Schreier has sentenced a Canton, South Dakota, man convicted of three counts of Wire Fraud and two counts of Money Laundering. The sentencing took place on December 5, 2025. Gary Aaron King, 51, was sentenced to three years and one month in federal prison, followed by two years of supervised release and ordered to pay a $500 special assessment to the Federal Crime Victims Fund and $1,418,220.87 in restitution. King was indicted for Wire Fraud and Money Laundering by a federal grand jury in February 2024. He pleaded guilty on September 5, 2025.

Read more on www.justice.gov

Action Details

  • Date:December 10, 2025
  • Agency:U.S. Attorney's Office, District of South Dakota
  • Enforcement Types:
    • Criminal and Civil Actions