US DoJ confirms a Mexican national has pleaded guilty to participating in a sophisticated black-market peso exchange ML scheme that moved millions of dollars in U.S. drug proceeds into Mexico

Charges detail how conspirators used U.S. drug cash to purchase goods that were exported and resold, allowing proceeds to be repatriated in pesos without physically transferring funds across the border. It also underscores the role of cross-border cooperation and financial investigations in dismantling laundering networks that support narcotics trafficking and broader criminal activity…