A South Texas real estate agent has been indicted for allegedly laundering money for a drug trafficking ring linked to Mexico's Gulf Cartel, federal prosecutors in McAllen, Texas said Wednesday. The indictment, dated July 23, was unsealed Wednesday after Freddy Centeno, of Brownsville, Texas was arrested. Centeno, a licensed real estate agent, helped Armando Arambul and his drug trafficking organization launder profits through the purchase of real estate in Brownsville, prosecutors said. They added that Arambul's ring "operated under the auspices of the Gulf Cartel" in Matamoros, Mexico, and throughout South Texas. Compliance Complete's effort to reach Centeno for comment was unsuccessful. Arambul pleaded guilty to drug and money laundering charges in October 2011. In his plea agreement, he agreed to forfeit four Brownsville properties purchased with drug proceeds. An online search by Compliance Complete suggested the only Brownsville realtor named Freddy Centeno was a
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