The owner of a chain of so-called 'head shops' - including one in Watertown - has pleaded guilty to federal drug and money laundering charges.
According to the U.S. Attorney of the Northern District of New York, 33 year old John Tebbetts, owner of the chain of 'Tebb's' Head Shops', pleaded guilty to possession with intent to distribute controlled substances and engaging in a monetary transaction in property derived from specified unlawful activity (money laundering).
Tebbetts appeared in federal court in Syracuse Wednesday morning.
Tebbetts faces years in prison when he is sentenced April 29, with his lawyer arguing for eight years, and prosecutors seeking at least 12 and a half years.
Tebbetts' head shops sold a variety of synthetic drugs including products that were marketed as 'bath salts' that were supposed to mimic the effects of amphetamine and cocaine.
The head shops were raided as part of a nationwide crackdown on synthetic drugs last summer.
Tebbetts also faces state charges; it's not clear how Wednesday's plea will affect those charges.
Wednesday, October 26, 2016, Watertown, NY
On Wall Street