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Laredo Money Laundering Scheme Exposed | Laredo News
A Mexican national, Gabriel Arturo Castillo, 52, just received a four-year federal prison sentence for orchestrating a sophisticated money laundering operation centered in Laredo. He funneled over $1 million in drug profits by selling U.S. cash to Mexican businesses needing dollars to buy American goods—then accepting pesos back in Mexico. Castillo handled the cash, broke deposits into smaller amounts to evade reporting rules, and stayed at large for years until extradited from Mexico in August 2025. After serving time, he’ll likely be deported. The case was jointly prosecuted by DEA and IRS…
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