Three Indian-Americans from Texas convicted in multi-million dollar money-laundering scheme involving Mexican drug dealers

According to evidence presented in court, from 2011 to 2013, Galvan-Constantini, Montes-Patino and other co-conspirators helped to move millions of dollars derived from the sale of drugs throughout the US to Laredo in Texas

Press Trust of India February 13, 2019 18:37:31 IST
Three Indian-Americans from Texas convicted in multi-million dollar money-laundering scheme involving Mexican drug dealers
  • Ravinder Reddy Gudipati, Harsh Jaggi and Neeru Jaggi, 51, were convicted of a money laundering conspiracy

  • Along with the Indian-American trio, six others have also been convicted

  • They were convicted of a money laundering conspiracy following a five-week jury trial

New York: Three Indian-Americans are among six people convicted for their role in a two-year multi-million dollar money-laundering scheme, the US Justice Department has said.

Ravinder Reddy Gudipati, 61; Harsh Jaggi, 54 and Neeru Jaggi, 51, all from Laredo, Texas, were convicted of a money laundering conspiracy following a five-week jury trial.

Three IndianAmericans from Texas convicted in multimillion dollar moneylaundering scheme involving Mexican drug dealers

Representational image. Reuters

Along with the Indian-American trio, Adrian Arciniega-Hernandez, 36, of Nuevo Laredo, Mexico; Adriana Alejandra Galvan-Constantini, 36 and Luis Montes-Patino, 57, both from Irving, Texas, were convicted, said Assistant Attorney General Brian Benczkowski of the Justice Department's Criminal Division.

Harsh and Adrian were also convicted on two counts of money laundering and Neeru Jaggi was convicted on one count of money laundering. Gudipati was convicted on two counts of money laundering in addition to other counts.

Adrain, Galvan-Constantini, Montes-Patino, Gudipati, Harsh and Neeru were part of a complex money laundering scheme whereby money derived from the sale of drugs in the US was laundered through businesses in Laredo in order to return the proceeds to Mexican drug dealers.

According to evidence presented in court, from 2011 to 2013, Galvan-Constantini, Montes-Patino and other co-conspirators helped to move millions of dollars derived from the sale of drugs throughout the US to Laredo in Texas.

The US currency was moved by couriers via cars, commercial buses, commercial planes and also a private plane used in bulk cash amounts of up to hundreds of thousands of dollars at a time.

The money, in heat sealed packs, uneven rubber-banded money stacks or loose US currency, arrived in plastic bags, cloth bags, suitcases, backpacks and even cereal boxes, it said.

The money was then distributed among downtown Laredo, Texas perfume stores, including stores owned by Gudipati and Harsh and Neeru.

Updated Date:

also read

Michigan teenager charged with murder and terrorism for Oxford High School shooting
World

Michigan teenager charged with murder and terrorism for Oxford High School shooting

Ethan Crumbley was charged as an adult with two dozen crimes, including murder, attempted murder and terrorism causing death.

China conducts combat readiness drills near Taiwan Strait after US lawmakers' visit
World

China conducts combat readiness drills near Taiwan Strait after US lawmakers' visit

Tensions between Beijing and Washington have soared over the fate of democratic self-ruled Taiwan, which China has vowed to one day retake, by force if necessary.

Iran says nuclear deal 'within reach' if West shows goodwill, ball in US' court
World

Iran says nuclear deal 'within reach' if West shows goodwill, ball in US' court

Diplomat Hossein Amir-Abdollahian said negotiations were proceeding with seriousness and the removal of sanctions was a 'fundamental priority'