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Destin father and son charged with fraud and money laundering

DESTIN   --  A father and son from Destin could face prison time for bank fraud and money laundering.

Gary Thomas pleaded guilty to all charges, and his son Brian, was convicted by a jury.
Prosecutors say the pair moved 4.5 million dollars into offshore accounts then defaulted on 56-million dollars worth of loans.
Since the case began, the government has seized 5 airplanes, a car, and 387,000 dollars cash.