Overview

• Maxwell Sterling Jensen, 25, and James Lael Jensen, 68, were named in a superseding indictment for conspiring to provide material support to the Cartel de Jalisco Nueva Generación with U.S. currency linked to oil smuggling.
• Prosecutors allege the Jensens operated Arroyo Terminals in Rio Hondo, Texas, to launder proceeds from about 2,881 smuggled crude oil shipments in violation of the Tariff Act.
• Authorities seized four tank barges of crude oil, three commercial tanker trucks, an Arroyo Terminal pickup and a personal vehicle at the time of the Jensens’ arrest.
• The Justice Department will seek a $300 million money judgment upon conviction and faces up to 20 years in prison on the main conspiracy charges, with additional penalties for laundering and smuggling counts.
• The investigation was led by the Organized Crime Drug Enforcement Task Forces with the DEA, FBI, ICE-HSI, IRS Criminal Investigation and other federal and state partners.