Daniel Gordiano Valenzuela transferred the funds from drug sales in the united States to Mexico through cryptocurrency and wire transfers, the U.S. Justice Department said. Photo by https://kaboompics.compexels
Aug. 7 (UPI) -- A Mexican national pleaded guilty in the United States to participating in a conspiracy that collected nearly $2 million in proceeds from drug sales in different parts of the country.
He later transferred the funds to Mexico through cryptocurrency and wire transfers, the U.S. Justice Department said.
Daniel Gordiano Valenzuela, 60, admitted his participation in a money laundering conspiracy and is scheduled to be sentenced Nov. 19.
He faces a maximum penalty of 20 years in prison, although a federal judge will determine the sentence after considering federal sentencing guidelines and other factors established by law, according to the Justice Department.
