The Briefing Room
General Category => Immigration/Border => Topic started by: rangerrebew on March 15, 2023, 02:18:06 pm
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Media Blackout: Wells Fargo Caught Laundering Money For Drug Cartels Multiple Times
BROWNSVILLE, TX - On March 9, Stephen Roland Reyna, 36, was sentenced by U.S. District Judge Rolando Rivera to 20 months in federal prison, after he pleaded guilty to money laundering for a drug cartel.
In a news release, the U.S. Drug Enforcement Agency (DEA) stated:
Reyna was the manager of a Wells Fargo branch in Harlingen. While serving in that position and utilizing his position and knowledge of the banking industry, Reyna assisted a drug trafficking organization to launder $410,000 in drug sale proceeds.
The organization would transport multi-kilogram cocaine loads from the Rio Grande Valley to northern states. Upon successful delivery, thousands of dollars in drug proceeds would then be dispersed through multiple Wells Fargo bank accounts in the northern states.
https://www.illegalaliencrimereport.com/post/media-blackout-wells-fargo-caught-laundering-money-for-drug-cartels-multiple-times