KEOKUK, IOWA -- A Tri-State business has been seized and two men arrested after an alleged money laundering scheme.

Authorities with the Lee County Narcotics Task Force and other law enforcement agencies arrested 47-year-old Brian Boyd of Burlington and 34-year-old Tyson Waetzig of Keokuk for felony money laundering charges.

This after police found evidence of laundering operations at two locations in Keokuk while executing search warrants.

The business Big River Pawn and Gun in Keokuk was also seized.

If convicted, Boyd and Waetzig could face up to 10 years in prison.

Click here to read more in the Keokuk Daily Gate City.