WASHINGTON, Aug. 7 -- The U.S. Department of Justice's Criminal Division issued the following news release:
A Mexican national pleaded guilty today for his role in the collection of more than $1.9 million in drug proceeds in the United States and the return of those proceeds via cryptocurrency or wire transfers to Mexico as part of a money laundering conspiracy.
According to court documents, Daniel Gordiano Valenzuela, 60, who was residing in Mexico at the time of his arrest, served as a "money broker" in an organization that conspired with drug traffickers to launder money for them in Mexico. Gordiano Valenzuela personally arranged for the laundering of $1, 973,076 from the sale of drugs and used a network of co-conspirators to pick up t...