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Kingsport smoke shop owners to plead guilty to drug, money charges

March 4th, 2013 9:34 pm by Matthew Lane

Kingsport smoke shop owners to plead guilty to drug, money charges

GREENEVILLE — The former owners of the Ultimate Smoke shop in Kingsport have agreed to plead guilty to federal drug and money charges in connection to selling synthetic marijuana and bath salts and structuring more than $288,000 in deposits to Eastman Credit Union in a way as to avoid detection by the Internal Revenue Service.

Jason Glenn Catoe of Jonesborough and his half-brother Kory Neal Wiesner have agreed to plead guilty to a charge of structuring currency transactions to evade reporting requirements. Catoe has also agreed to plead guilty to possession of Schedule I drugs with intent to distribute.

The charges were filed in U.S. District Court in Greeneville. The drug charge carries a maximum sentence of 20 years in prison and a $1 million fine; the money charge is up to five years in prison and a $500,000 fine.

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