Six Convicted for Roles in Multi-Million Dollar Black Market Peso Exchange Money-Laundering Scheme
A federal jury in Laredo, Texas found
four men and two women guilty
for their roles in a two-year multi-million dollar black market peso exchange money-laundering scheme,
the Justice Department announced.
the IRS Criminal Investigation (IRS-CI) made the announcement.
Adrian Arciniega-Hernandez, 36, of Nuevo Laredo, Mexico;
Adriana Alejandra Galvan-Constantini, 36,
Luis Montes-Patino, 57, both of Irving, Texas,
Ravinder Reddy Gudipati, 61;
Harsh Jaggi, 54;
Neeru Jaggi, 51, all of Laredo, Texas,
were each convicted of a money laundering conspiracy following a five-week jury trial.
Harsh Jaggi and Adrian Arcinieg-Hernandez were each convicted of two counts of money laundering
Neeru Jaggi was convicted of one count of money laundering.
Gudipati was convicted of two counts of money laundering,
Arciniega-Hernandez was found not guilty of a third count of money laundering. .
OPA | Department of Justice