Minnesota man indicted for laundering cartel drug proceeds
Federal prosecutors say a 46-year-old Minneapolis employee at a Minnesota money services business used his job to launder at least $750,000 in drug proceeds for the Cártel de Jalisco Nueva Generación from February 2023 through February 2026. The indictment alleges he was paid $40–50 per transfer, used fake names and straw beneficiaries in Mexico, kept transactions under $1,000 and limited daily transfers to evade detection, and communicated warnings about suspicious-activity lists. He pleaded not guilty at an initial federal appearance and faces a maximum statutory penalty of 20 years if convicted.
He allegedly laundered at least $750,000 for the CJNG.
Context
Federal prosecutors brought the indictment after an investigation into repeated transfers tied to cartel leaders. The case follows alleged efforts to evade company controls. Court proceedings and possible further charges could follow.
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