Fifteen men, aged 22 to 51, have been indicted by a federal grand jury in Baltimore on charges that they laundered $20 million in proceeds from stolen goods, many of them shoplifted from stores such as Walmart and Target.

More than 100 officers from six agencies raided 30 locations in Baltimore and elsewhere in Maryland this week to bring in the defendants. Their indictment asks for the forfeiture of $20 million in cash and the assets of 10 businesses in Baltimore, Brooklyn, Catonsville and Annapolis, along with 58 bank accounts.

Each defendant faces a maximum of 10 years in prison if convicted of conspiracy to launder money.

The Maryland U.S. Attorney's Office said the indictments were returned on Tuesday and unsealed on Thursday after the defendants' arrests.

They were identified as Jerome I. Stal, 40; Spencer M. Garonzik, 43; Michael B. Levy, 51; Daniel F. Mimer, 28; Robert A. Reed, 27; Justin N. Mayhew, 29; William Cooper, Jr., 36; and Nick Acosta, 22, all of Baltimore; Jared Baraloto, 36, of Monkton; Jason Logue, 37, of Middle River; Louis Leitch Sr., 61, of Sparrows Point; Jared L. Ezra, 41, of Reisterstown; Warren A. Culver II, 31, of Dundalk; and Michael P. Ender, 32; and Scott Bradford, 48, both of Glen Burnie.