MIAMI (CBSMiami/AP) – A Spaniard who operated a major cocaine money-laundering ring in Miami has been sentenced to 150 years in U.S. prison.

Alvaro Lopez Tardon, who lived in Madrid, Spain, and Miami Beach, was convicted by a jury in June.

On Monday, U.S. District Judge Joan Lenard sentenced Lopez Tardon.

The FBI said Lopez Tardon ran an international drug trafficking ring that distributed cocaine in Madrid and laundered more than $15 million in drug proceeds through a series of wire transfers. He also owned a Miami car dealership used in the scheme.

Lopez Tardon must forfeit numerous assets linked to the drug trade; which included luxury condominium units, three bank accounts and cars that include a Bugatti Veyron, a Ferrari Enzo, three Mercedes-Benzes and a Rolls Royce Ghost.

(TM and © Copyright 2014 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2014 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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