BOSTON, Mass. (WLNE) — A Rhode Island business owner was sentenced on Sept. 16 for laundering over $35 million in proceeds from internet fraud schemes, according to the United States Attorney’s Office for the District of Massachusetts.

75-year-old Craig Clayton, of Cranston, was sentenced to four years in prison, followed by three years of supervised released, and ordered to pay $40,000 in restitution.

Between 2019 and 2021, the USAO said Clayton used his accounting and “virtual CFO business,” Rochart Consulting, as a front to launder over $35 million through the use of shell companies and fraudulent bank accounts in Rhode Island and Massachusetts.

During an investigation into Rochart, the USAO said the defendant falsely told investigators that his shell companies were “legitimate busin

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