Pace, Fla. (WKRG) — Rasha Lashonda Hill, a 32-year-old woman from Pace, was arrested on March 5, 2025, on money laundering and structuring charges, according to a news release from the Florida Department of Law Enforcement (FDLE).
The investigation began in May 2024 after the FDLE received information indicating that Hill was involved in a money laundering scheme. Hill is listed as a registered agent for Glamour Palace, More LLC and Blessed Our Children Learning Academy LLC, two businesses based in Pensacola, Florida.
FDLE agents examined financial records and conducted surveillance on Hill’s two registered businesses. They discovered that both properties appeared poorly maintained, with little visible activity suggesting that the businesses were fully operational.
Investigators uncovered a pattern of large cash withdrawals at several local bank branches, totaling $340,000 in transfers, wire transfers, and cash withdrawals from July 3, 2023, through June 4, 2024. According to FDLE, these transactions were structured to avoid currency transaction reporting requirements.
Hill was booked into the Santa Rosa County Jail last week but has since been released on bond. The FDLE’s Pensacola office continues to investigate the case.
