SULLIVAN — Sullivan County businessman, Daniel “Butch” Resnick, has been accused in a Federal criminal complaint of money laundering stemming from a year-long investigation by the FBI.

Resnick allegedly conducted money laundering over several months, according to court documents unsealed in the United States District Court for the Southern District of New York.

Resnick turned himself in to authorities on December 16. After posting a $500,000 bond, Resnick was released and agreed to surrender his firearms by December 23 and secure a bond with his residence.

The Democrat reached out to Resnick’s lawyer, Patrick Mullin, for comment but did not hear back by presstime.

The complaint alleges that from August, 2019 until “in and around” November 2020, Resnick conducted money laundering schemes with an undercover FBI agent.

Meeting in Sullivan County and New York City, the complaint says that Resnick, an Undercover (UC) FBI agent and a Confidential Source (CS) performed several illegal financial transactions.

According to the complaint, the CS connected Resnick with the UC after a conversation where Resnick told the confidential source that he could “assist the CS in arranging money laundering transactions.”

Furthermore, the complaint states that Resnick was audio recorded saying how he was going to launder the money given to him by the undercover FBI agent.

Resnick allegedly would take checks from the FBI agent, funnel the money through his business as returns, and then repay the money minus 20 percent that Resnick would deduct for this part in the transactions.

"I have one company that I’ve had for years and years that I use. Never done a tax return on it, it just sits there, um [sic] monies go in monies go out..,” said Resnick in a FBI recorded conversation to the undercover agent, according to the complaint.

The complaint states that over several months, Resnick attempted to launder approximately one million dollars in checks, wire transfers and cash. The complaint says that at one point, he returned $350,000 in cash to the undercover agent in a cereal box at one meeting.

Resnick is credited with revitalizing Mountaindale in Fallsburg and operates several businesses across Sullivan County. Resnick is due back in court on January 12, 2022.