Man sentenced to 150 years in drug money case

Alvaro Lopez Tardon, 39, convicted of operating cocaine money-laundering ring based in Miami

MIAMI - A Spanish man has been sentenced to 150 years in U.S. prison for operating a major cocaine money-laundering ring based in Miami.

U.S. District Judge Joan Lenard imposed the lengthy sentence Monday on Alvaro Lopez Tardon, 39, who lived in Madrid, Spain, and Miami Beach. He was convicted by a jury in June.

The FBI says Lopez Tardon ran an international drug trafficking ring that distributed cocaine in Madrid and laundered more than $15 million in drug proceeds through a series of wire transfers. He also owned a Miami car dealership used in the scheme.

Lopez Tardon must forfeit numerous assets linked to the drug trade, including luxury condominium units, three bank accounts and cars that include a Bugatti Veyron, a Ferrari Enzo, three Mercedes-Benzes and a Rolls Royce Ghost.

Copyright 2014 by The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.