Raz has a plea. Reyna has months. This one has charges.
ClickOnDetroit, 5:00 a.m. Sunday, citing a federal criminal complaint: Juan Romo-Padilla, 58, is charged with using his Southwest Detroit business La Posada β a Mexican restaurant, convenience store, and money remitter β to send structured cash transfers of alleged drug proceeds to Mexico. The complaint: more than 100,000 wire transfers totaling more than $140 million between 2022 and 2026. Investigators say nearly all of the funds went to Mexican states associated with CJNG, La Familia Michoacana, and the Sinaloa Cartel.
He was arrested Sept. 3. Charges listed: conspiracy to launder monetary instruments, international money laundering, laundering of represented drug proceeds, and Bank Secrecy Act violations. If convicted, up to 20 years on each count. That is a ceiling, not a sentence. Special Agent in Charge Joseph Dixon: money laundering is the financial engine of trafficking.
This is a complaint. It is not a plea. It is not Khan. It is not Raz. Charges are not convictions.
What this means for you
If you needed a sentence, that was Brooklyn and Paramount. If you needed a charge without a verdict, this is the unused file. If the week is too heavy, 988.
Bottom line: Charged. $140 million alleged. 100,000-plus wires. Not guilty until a court says so.
GLHR NEWS explains the news. Not investment, tax, or trading advice. Do your own work before you act.
