MITCHELL, SD (Mitchell Now) — A Harrisburg man has been sentenced in federal court after pleading guilty to structuring financial transactions to evade federal banking reporting requirements.
U.S. Attorney Ron Parsons said U.S. District Judge Karen E. Schreier sentenced Richard Kamolvathin, also known as Danuj Richard Kamolvathin, 59, who did business as Zolvent Pro, LLC. Kamolvathin was sentenced Dec. 29, 2025, to five years of probation, $363,800 in restitution and a $200 special assessment to the Federal Crime Victims Fund.
Federal prosecutors described “structuring” as breaking large sums of cash into smaller deposits or transactions in an effort to avoid triggering mandatory reports filed by financial institutions for currency transactions over $10,000.
According to the U.S. Attorney’s Office, the case stemmed from two periods in 2021. Prosecutors said Kamolvathin made multiple withdrawals and transfers in amounts under $10,000 — on the same day, consecutive days or within a short time — from accounts at American Bank and Trust and Bank of America.
Kamolvathin was indicted by a federal grand jury in August 2023 and pleaded guilty Sept. 22, 2025, the U.S. Attorney’s Office said.
The case was investigated by the U.S. Department of the Treasury, Office of Inspector General, Office of Investigations. Supervisory Assistant U.S. Attorney Connie Larson prosecuted the case.