An Atlanta area jeweler was indicted Wednesday for allegedly taking part in a money laundering scheme that funneled illegal drug profits through his jewelry stores in Atlanta, according to published reports.

Toros Seher, 38, of Alpharetta, Ga., was indicted by a federal grand jury and search warrants were executed at Seher’s stores, Chaplin’s in downtown Atlanta and Chaplin’s Midtown in nearby Atlantic Station. His home in Alpharetta and condominium in Atlantic Station also were searched, authorities said, according to reports in the Atlanta Journal-Constitution and the Atlanta Business Chronicle.

The indictment alleged that Seher failed to report cash purchases exceeding $10,000, as required by law, and knew that the jewelry sales were being used to launder money from criminal activity, the two publications report.

JCK