‘The Rock’ and his 27 cronies face a litany of charges for a sophisticated money laundering operation that funneled over $10 million in drug proceeds through Yoli’s Western Wear, a Dallas retailer. According to U.S. Attorney Erin Nealy Cox, the Cartel Jalisco Nueva Generacion (CJNG) boss, Jose Valdovinos Jimenez, is at the heart of this illicit endeavor.
The 38-count indictment unsealed today paints a picture of a compartmentalized drug network that stretched from the border to the city streets. Jose Valdovinos Jimenez, known as ‘La Roca’ or ‘The Rock,’ and his gang are accused of smuggling hundreds of kilograms of meth and heroin across the Mexican border, distributing them in the U.S., then laundering the proceeds through Yoli’s Western Wear.
Yoli’s 23-year-old manager, Ivan Noe Valerio, and his family members allegedly counted and sorted the cash into thousands of transactions before sending it to CJNG leaders in Mexico via a money remitter. The indictment also implicates Teodoro Valerio Perez, Yolanda Mercado Valerio, and Iris Yaneli Valerio as part of this operation.
“Drug cartels like CJNG wreak havoc across the globe,” said U.S. Attorney Nealy Cox. “We’re committed to tracking the money and disrupting these organizations by attacking their bottom line.” Special Agent in Charge Eduardo A. Chávez echoed this sentiment, promising to starve the cartel of drug dollars.
For their roles in this scheme, Jose Valdovinos Jimenez and Ivan Noe Valerio face life sentences if convicted. The charges against them include conspiracy to distribute methamphetamine, heroin, and possession of a firearm by an undocumented alien.
This case underscores the relentless effort of law enforcement to combat organized crime. It serves as a stark reminder that addiction to money and greed can have devastating consequences for those caught in its web.
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Key Facts
- State: Texas
- Agency: DOJ USAO
- Category: Drug Trafficking|Fraud & Financial Crimes|Organized Crime
- Source: Official Source ↗
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