Mexican Man Sentenced to Over Eight Years in Prison for Using Crypto To Launder $5,500,000 in Illicit Drug Money

A Mexican nationwide has been sentenced to eight years and 4 months in jail as an necessary participant in a conspiracy of drug cash that used crypto.

In line with a brand new press launch from the US Division of Justice (DOJ), Jose helped “Meno” Martinez of Guadalajara, Mexico, drug merchants cash laundering in Mexico.

Martinez Witte $ 5.5 million in drug cash, transferred the cash to Mexico by way of Crypto and held a proportion for himself.

On account of the transactions of Martinez, the US drug Enforcement Administration (DEA) seized $ 1.35 million in bulk American forex, along with “about 3 kilograms of fentanyl, 52.77 kilograms of cocaine, 7.078.63 kilograms of unchanged methampetamine within the type of an finish of the exvestment of an finish of the density of the exvestment of the exvecuity of the exvestment of from the type of an finish of the exvestment of from the type of an finish -of -from -gall of survival of from the type of the densamine of from the type of the densamine of from the type of from the form of from the form of from the form of from the tip. Lifting a lifting of a lifting of a lifting of a lifting of a lifting of a lifting of a lifting of a lifting of a lifting of a lifting of a lifting of a battery -boomy methamine. “

Earlier this week, the DOJ additionally introduced that two males in Florida are confronted with the opportunity of a number of a long time in jail after they’ve reported a fraudulent association to steal greater than $ 100 million from a non -profit group set as much as handle funds with particular wants and disabilities.

De DOJ claims that Leo Joseph Govoni, John Leo Witeck and an unnamed co-samenwewerer have put ahead the Heart for Particular Wants Belief Administration Consumer Administration Consumer-legitimate funds and had hidden their embezzlement by advanced monetary transactions, who’re reportedly despatched fraudulent shoppers with Valse Saldi.

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Featured picture: Shutterstock/Pavel Chagochkin/Sensvector