New Jersey Man Convicted of Trafficking Over a Metric Ton of Fentanyl Analogues
William Panzera, 51, was found guilty of drug trafficking and money laundering conspiracies, with sentencing set for June 25.
- William Panzera, a 51-year-old from North Haledon, New Jersey, was convicted of conspiring to traffic fentanyl-related substances and launder money from 2014 to 2020.
- The drug trafficking organization imported over a metric ton of fentanyl analogues and other substances, distributing them in bulk and as counterfeit pharmaceutical pills across New Jersey.
- Controlled substances were sourced from China, with payments made via wire transfers and cryptocurrency totaling hundreds of thousands of dollars.
- Eight co-defendants in the case have pleaded guilty, and Panzera faces a minimum of 10 years in prison, with a maximum potential life sentence and fines up to $10 million.
- The investigation was part of a multi-agency Organized Crime Drug Enforcement Task Force operation, involving Homeland Security, the FBI, and other federal and local agencies.