• Sat. May 8th, 2021

Trucker Edgardo Serrano charged with bringing nearly $2M to RGV

Trucker Edgardo Serrano charged with bringing nearly $2M to RGV

(STL.News) – A 51-year-old man is set to appear in federal court on charges of money laundering and conspiracy to possess with intent to distribute cocaine, announced U.S. Attorney Ryan K. Patrick.

Edgardo Serrano, New Boston, Michigan, will make an appearance before U.S. Magistrate Judge Ignacio Torteya III at 10:30 a.m. today.

The criminal complaint charging Serrano was filed April 18.  It alleges that authorities had searched a mechanics shop in Hidalgo April 17, which resulted in the discovery of $1.7 million hidden in a commercial tractor.  The investigation revealed Serrano had been driving the vehicle, according to the charges.

The complaint further alleges Serrano was in the Rio Grande Valley to pick up a load of carrots, but it appeared to be a cover for what was actually a cocaine shipment destined for Florida.

The hidden cash was allegedly the proceeds of the illegal narcotics sales in Florida.

If convicted, Serrano faces up to life in federal prison and a possible $10 million fine.

Immigration and Customs Enforcement’s Homeland Security Investigation and the Drug Enforcement Administration conducted the investigation.  Assistant U.S. Attorney Karen Betancourt is prosecuting the case.


Marty Smith

Marty Smith

Marty Smith is the acting Editor in Chief as well as the founder of STL.News, DirectSourceNews.org, and St. Louis Restaurant Review. Additionally, Smith is the IT Manager responsible for STL.News and affiliate sites. Smith has created multiple aggregator sites to manage the large amount of content used to select which content to published on STL.News. As Editor in Chief, Smith is responsible for the content posted on the network with the help of the publishing team, which is located around the globe.