Gulf Cartel money laundering charges filed in Texas
AP/San Antonio Express News:
I was in the Valley over the weekend and it appears to be prospering like the rest of Texas. My old hometown of San Benito, just north of Brownsville appears to be doing a robust business with multiple auto parts dealerships and several new car dealers and fast food restaurants, but it also has traditional Mexican food places too. While there is probably an underground economy not visible on the surface there is also strong sector shipping produce to markets throughout the state and country. I also notices hundreds of windmills stretching inland from teh coast and the constant wind down there kept them busy.
Officials say they've smashed a South Texas money laundering ring for Mexico's Gulf Cartel.The alleged scam had deposits of less than $10,000 being sent from Florida to a Brownsville bank where withdrawals of less than $10,000 would be made and then taken into Mexico. The amounts were restricted to avoid reporting requirements.
A statement Monday from the U.S. Attorney's office in Brownsville says the nine of the 10 named in a 21-count indictment are in custody, and a search continues for the other. All are charged with conspiracy and other offenses.
Forfeiture of almost $2 million is sought.
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I was in the Valley over the weekend and it appears to be prospering like the rest of Texas. My old hometown of San Benito, just north of Brownsville appears to be doing a robust business with multiple auto parts dealerships and several new car dealers and fast food restaurants, but it also has traditional Mexican food places too. While there is probably an underground economy not visible on the surface there is also strong sector shipping produce to markets throughout the state and country. I also notices hundreds of windmills stretching inland from teh coast and the constant wind down there kept them busy.
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