Watch CBS News

Oakland Man Pleads Guilty To Making Counterfeit Xanax

SAN FRANCISCO (CBS / AP) -- A Bay Area man has pleaded guilty to counterfeiting Xanax pills for more than a year and laundering his profits using foreign banks.

The San Francisco Chronicle reports that 27-year-old Antoine King, of Oakland, changed his plea on Tuesday as part of an agreement in which he admitted to making and selling fake Xanax pills. He faces a sentence of up to 35 years in prison.

Prosecutors say King had been selling the drugs from 2014 to 2015 and originally had 33 charges with four co-defendants.

Under the agreement, he pleaded guilty to conspiracy to manufacture, distribute and possess with intent to distribute a controlled substance, trafficking in a counterfeit drug and conspiracy to commit international money laundering.

© Copyright 2017 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.