A Mexican nationwide has been sentenced to eight years and 4 months in detention heart as a serious participant in a drug money laundering conspiracy that frail crypto.
Based on a brand recent U.S. Department of Justice (DOJ) press free up, Jose “Meno” Martinez of Guadalajara, Mexico, helped drug traffickers launder money in Mexico.
Martinez laundered $5.5 million in drug money, transferring the funds to Mexico by process of crypto while preserving a percentage price for himself.
On tale of Martinez’s dealings, the U.S. Drug Enforcement Administration (DEA) has seized $1.35 million in bulk US foreign money, as neatly as to “approximately 3 kilograms of fentanyl, 52.77 kilograms of cocaine, 7,078.63 kilograms of unconverted methamphetamine within the gain of charcoal lumps, 170 gallons of unconverted methamphetamine within the gain of coconut oil, 140 kilograms of methamphetamine and 15 gallons of liquid methamphetamine.”
Earlier this week, the DOJ moreover announced that two Florida males are going thru the chance of a lot of decades in detention heart after allegedly masterminding a false plan to take over $100 million from a nonprofit organization space up to rearrange funds for folks with special wants and disabilities.
The DOJ alleges that Leo Joseph Govoni, John Leo Witeck and one unnamed co-conspirator purloined the Middle for Particular Wants Have confidence Administration consumer-beneficiary funds and hid their embezzlement thru complicated financial transactions, allegedly sending false tale statements with false balances to their disabled customers.
