Turkish businessman extradited to U.S. to face laundering, fraud charges

If convicted, Korkmaz faces a maximum penalty of 20 years in prison for each count of money laundering conspiracy, wire fraud and obstruction of an official proceeding

Turkish businessman Sezgin Baran Korkmaz was extradited from Austria and arrived on Friday in Utah to face money laundering and wire fraud charges, Qazet.az reports the U.S. Justice Department.

Korkmaz arrived in the custody of the U.S. Marshals Service.

He was charged earlier in Utah with laundering more than $133 million in illegal proceeds through bank accounts he controlled in Turkey and Luxembourg, the Justice Department said. The United States said last year it was seeking to extradite him.