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Two men plead guilty in Sinaloa cartel drug trafficking and money laundering conspiracy in San Diego

December 16, 2016  |  Posted by: JammedUp Staff
Two men plead guilty in Sinaloa cartel drug trafficking and money laundering conspiracy in San Diego Osvaldo Omar Contreras and Guadalupe Ayon pleaded guilty in San Diego Federal Court

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Two men pled guilty on Thursday for their roles in a $20 million Tijuana-based drug trafficking and money laundering conspiracy linked to the Sinaloa cartel which resulted in the smuggling of mass quantities of cocaine from Mexico into the United States.

The Justice Department announced In a news release the guilty pleas of 28-year-old Osvaldo Contreras-Arriaga and 38-year-old Omar Ayon-Diaz.

Contreras-Arriaga and Ayin-Diaz, were extradited to the U.S. back in June 2016, after Interpol detained the two Mexican nationals on an arrest warrant, while vacationing in Colombia.

As part of his guilty plea with federal prosecutors, Contreras-Arriaga admitted he orchestrated and secured payment for drug traffickers to smuggle over 50 kilos of cocaine into the United States.

Furthermore, he confessed to arranging for members of the conspiracy to pick up U.S. bulk currency from customers and ensured the illicit drug proceeds made its way back to Mexico.

Contreras-Arriaga also admitted working with co-defendant Omar Ayon-Diaz, 38, who owned and operated currency exchange houses in Tijuana to launder the drug funds.

Ayon-Diaz pleaded guilty on December 6th, 2016, to conspiracy to commit international money laundering and admitted to knowingly receiving $24.5 million in smuggled proceeds, which derived from the illegal sale of narcotics trafficking in the United States.

A third defendant, Joel Acedo-Ojeda, was also sentenced this week to 135 months in prison for his role in the money laundering conspiracy.

During Ojeda’s sentencing, prosecutors told the court that federal¬†authorities¬†belive the conspirators laundered the illicit funds for Sinaloa cartel drug traffickers.

As a result of the plea agreement, Contreras-Arriaga faces an enhanced sentence under U.S. Sentencing Guidelines.

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