Texas Realtor charged with helping launder drug money

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Federal prosecutors have charged a Brownsville, Texas-based real estate agent with helping a drug cartel launder money by purchasing real estate, the Brownsville Herald reports. Realtor Freddy Centeno was a “million dollar producer” for ERA Sunrise Realty in 2010, according to his bio on the firm’s website.

Brownsville is just across the border from Matamoros, Mexico, and lies in one of five major drug smuggling corridors in Texas, according to a report released this year by the Texas Department of Safety. The report said more than 8.8 million pounds of drugs moving north and $178.6 million in cash moving south has been seized along the Texas border in the last seven years. Source: brownsvilleherald.com.