Alejandro Morales-Flores, Money Laundering, Texas 2014

A Houston man has pleaded guilty to his role in a massive money laundering scheme, netting over $1.4 million in dirty cash.

Alejandro Morales-Flores, 60, a naturalized U.S. citizen residing in Houston, Texas, admitted to conspiring to commit money laundering in McAllen federal court, announced U.S. Attorney Kenneth Magidson.

On October 24, 2014, Morales-Flores was driving a tractor-trailer from Houston to the Rio Grande Valley when he was stopped by a trooper with the Texas Department of Public Safety for a traffic violation. A search of the trailer revealed several bags containing a total of $1,413,255 in U.S. currency hidden in the sleeper compartment.

Morales-Flores admitted that he knew the money was drug trafficking proceeds and that he was being paid to deliver it to unknown individuals in the Rio Grande Valley area.

U.S. District Judge Randy Crane accepted the plea today and set sentencing for June 29, 2015, at which time Morales-Flores faces up to 20 years in federal prison and a possible fine of more than $2.8 million. He was permitted to remain on bond pending that hearing.

The charges are the result of an investigation by the Drug Enforcement Administration with assistance from DPS. Assistant U.S. Attorney Joseph Leonard is prosecuting the case.

Morales-Flores’ guilty plea and upcoming sentencing mark a significant victory in the ongoing fight against money laundering and drug trafficking in the Rio Grande Valley.

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