Horse Trainer Sentenced to Probation for Money-Laundering Scheme
Adan Farias, a former champion Los Alamitos horse trainer, receives three years probation by a U.S. District Court judge in Texas for his role in a Mexican drug cartel's $60 million money-laundering scheme.
A U.S. District Court judge in Texas gave a former world champion horse trainer from Los Alamitos probation for his hand in a Mexican drug cartel's $60 million money-laundering scheme, according to a report in the Orange County Register.
Adan Farias, 34, trained out of Los Alamitos Race Course and earlier this year pleaded guilty to making cash bank deposits under $10,000 in order to bypass mandatory bank reporting requirements, the newspaper reported.
Farias was also ordered to pay a $3,600 fine.
As part of his plea deal, Farias agreed to testify against four people, including Texas quarter horse owner Jose Trevino. Fifteen people were indicted in connection with a money-laundering scheme organized by Los Zetas, according to the OC Register, considered to the "most powerful and violent drug organization" in Mexico.
U.S. attorney Robert Pittman told the newspaper Los Zetas bought, trained, bred and raced quarter horsed in the U.S. with drug-trafficking money.