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3 of 3 Premium Clicks used this month SUBSCRIBE Print + Online Subscriber Activation | Register x Forgot Password | Need an Account? e-edition | subscribe | newsletter | deals Classifieds Jobs Autos Real Estate FEATURED » NEWS NOW Southern Oregon man pleads in multi-state money laundering case ... UPDATED: Wildlife tainted by toxin in West Coast algae bloom; Oregon advisories issued ... Mother sues daughter's murderer for $3.25 million ... Southern Oregon man pleads in multi-state money laundering case ... UPDATED: Wildlife tainted by toxin in West Coast algae bloom; Oregon advisories issued ... Mother sues daughter's murderer for $3.25 million ... Southern Oregon man pleads in multi-state money laundering case By Nick Morgan Mail Tribune MailTribune.com By Nick Morgan Mail Tribune Posted Nov. 3, 2015 @ 6:29 pm Updated at 6:31 PM By Nick Morgan Mail Tribune Posted Nov. 3, 2015 @ 6:29 pm Updated at 6:31 PM » Social News p bs:newslist StartDate="20121121" EndDate="p bs:datecalc Months="3"" DateSort="1" UseObjects="1" ObjectClass="81" Taxonomywords="2325,665" ExactTaxonomyMatch="1" Image="1" Count="4" --> A Southern Oregon man recently accepted a plea agreement in federal court for his role in a scheme to launder money from marijuana sold on the East Coast. Spencer James Note, 35, pleaded guilty Oct. 26 in Medford United States District Court in a money-laundering case that involved five defendants and six figures. As part of the agreement, Note will forfeit $12,750 and receive a reduction in sentence. A sentencing hearing is scheduled for Feb. 2. According to the plea agreement, Note opened and maintained bank accounts with Southern Oregon native Matthew Correa for the purposes of transferring marijuana proceeds to California. Proceeds from New York and Georgia were deposited into Note's bank accounts, then Note would withdraw the money from his accounts in Southern Oregon and give it to Correa, who would then deliver the cash to Jonathan Robert Quaccia of Humboldt County, California. Amounts were kept under $10,000 to avoid detection. Note participated in 85 transactions totaling $651,000, and Note was paid $150 per transaction. Note is forfeiting the $12,750 total he was paid for the 85 transactions. In addition to Quaccia and Correa, court documents show others named in the money-laundering indictment include Margaret Kent Correa and Stephanie Michaelle Ryden. According to court documents, the federal court still plans to pursue forfeiture of $100,000 from Quaccia and Correa, Quaccia's 2013 Honda Accord, $8,550 from Margaret Kent Correa and $6,150 from Stephanie Michaelle Ryden. Quaccia, Ryden and Matthew Correa have all been summoned for a Nov. 9 informational hearing regarding Note's plea. The DEA seized two Northern California properties, one in McKinleyville and the other in Salyer, allegedly purchased with drug money by Quaccia and Correa for the purpose of using them as grow sites, according to a Feb. 26, 2015, Mail Tribune article. Upon questioning at the time, Correa told DEA agents that his role was to persuade family and friends to open bank accounts in their names through Bank of America, Chase and Wells Fargo to receive deposits by the group's East Coast clientele. The marijuana was transported via the U.S. Postal Service to New York and Georgia, and deposits were made in the bank accounts. A DEA search warrant issued Jan. 7 yielded 850 marijuana plants and 57 pounds of dried marijuana at the two California locations and a house in the 200 block of South Rose Street belonging to Correa's mother. Reach reporter Nick Morgan at 541-776-4471 or [email protected]. By Nick Morgan Mail Tribune MailTribune.com By Nick Morgan Mail Tribune Posted Nov. 3, 2015 @ 6:29 pm Updated at 6:31 PM » Comment or view comments Terms of Service /* $( document ).ready(function() { // Jquery mobile is trying to style the button and leaving a blank gry button on top of a white button $("#viafouracoms .vf-comment-controls li.vf-right").html(' Submit '); });*/ » STAY INFORMED Email NewsLetter Sign Up Today Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. calendar Connect with MailTribune.com Facebook Twitter RSS Back to top Reader Services Reader Services Home Subscriptions Subscriber controls Contact us Submissions Photos Events Letters to the editor Corrections Announcements Obituaries Story ideas Since you asked Alerts Email Alerts RSS Feeds Text Alerts Advertise Media Kit Home Products and services Ad rates Advertising contacts Propel Marketing Mail Tribune Daily Tidings The Nickel Shop Our Valley Blogs Mobile Site Stay Informed Email newsletter Sign Up Today Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. 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