Tag: money laundering

Final Two Charged in Marijuana Conspiracy

Brownsville (KFXV) — The two remaining individuals charged in a 10-person marijuana conspiracy have been sentenced to federal prison. 36-year old, Jose Angel Marichalar from Mission–pleaded guilty to money laundering and possession with intent to distribute more than 1000 kilograms of Marijuana. While 46-year old, Jesus Gonzalez– from Hidalgo– pleaded guilty of possession with intent to distribute — each sentenced to 156 months in prison and 112 months respectively. Both forfeited property including real estate, cars, trailers and guns valued at more than 1.5 million dollars. The other eight involved in the case were convicted and sentenced from 38...

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Mexico Ranks Second Deadliest Country in World; Experts Weigh In

MEXICO (KFXV) — A study places Mexico as second deadliest place in the world behind Syria and above Afghanistan and Iraq. Mexico’s violence death toll has risen to 25,000 from the constant drug wars. Fox News spoke to a cartel analyst who says the battle for territory will continue. Drug Cartel Analyst, Correa Cabrera has been investigating organized crime for the past years. She says although the violence is constant, a lot has changed between criminal groups in our region. Shootings, fires, riots — all part of the drug war in our neighbouring country, including Reynosa, Tamaulipas just steps...

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Laundering Ring Sentenced in McAllen

McAllen (KFXV) — Four Mexican nationals are now heading to federal prison for laundering money and drugs. According to the U.S. Attorney’s office, six people from the RGV and Mexico all pleaded guilty in August of last year for laundering drug proceeds since 2014. The people, identified as 49-year-old Roosevelt Faz, 48-year-old Ted Cantu, 37-year-old Sandra Haro, 41-year old, Maria Elena Bonila-Torres, 44-year-old, Guillermo Trevino and 27-year old, Erwin Rolando Contreras-Mata, were ordered to serve sentences between 72 months and 140 months. Faz admitted during trial that he helped co├Ârdinate the group execute drug pick-ups and the laundering of...

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3 Sentenced for Criminal Activity

Edinburg (KFXV) — Today three Valley natives learned their fate after facing charges of intent to distribute cocaine, money laundering and possession of a firearm. Authorities say all three belonged to a criminal organization. U.S. District Judge, Nelva Gonzalez Ramos announced each of their prison sentences, more than a year after accepting their guilty pleas for several of these crimes. 37 -year-old, Efrain Cisneros received a sentence of over 13 years behind bars, 27-year-old, Mayra Alejandra Cervantes will pay for her crimes with more than 6 years in prison and 43-year-old, Norma Argelia Ramirez was sentenced to 7 years...

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