A former world champion in boxing, Kendall Holt, has pleaded guilty to a money laundering charge in New Jersey.
According to prosecutors, the charge against Kendall Holt of Woodland Park came from drug deals that were carried out by champion’s manager, Henry Cortes. Cortes pleaded guilty to drug cases in February.
On April 24, 27-year-old Holt said that several times in 2007 and 2008 he picked up bags of money and delivered them to his manager. He also admitted he knew that the money came from drug transactions.
In July, a famous boxer won the WBO light welterweight title. On April 4, he lost a unification bout to WBC champ Timothy Bradley on April 4, 2009.