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Submitted: March 17, 2011

Before WOLLMAN, MURPHY, and GRUENDER, Circuit Judges.

Larry Reynolds assisted Tom Petters in routing $12 billion in investor funds through Reynolds’s company’s California bank account. Petters had told investors that their funds were used to purchase consumer electronics, when in fact Reynolds directed that the funds be sent to Petters’s company. Petters then used the funds to perpetrate a massive Ponzi scheme. Reynolds pleaded guilty to conspiracy to commit money laundering, in violation of 18 U.S.C. § 1956(h), and was sentenced by the district court*fn1 to 130 months’ imprisonment. Reynolds appeals from his sentence, arguing that the district court failed to adequately explain the sentence, failed to properly consider the sentencing factors set forth in 18 U.S.C. § 3553(a), assigned too much significance to irrelevant factors, and imposed a sentence greater than necessary to achieve federal sentencing goals. We affirm.

 
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