A Mission, Texas man has been sentenced to eight years in prison for using his furniture and trucking businesses as a front for a drug trafficking and money laundering ring.
In November, Jose Francisco Serna pleaded guilty to charges of “possession with intent to distribute cocaine and conspiracy to launder money,” The Monitor reported.
“During 2008, Serna had owned a furniture store in McAllen and then got involved in the cocaine trade on the side, court records show. Once in the trade, Serna began Four Seasons Transport, a trucking company that was used to move cocaine loads between Mission and Savannah, Ga. The drugs and the money were hidden in the axle compartment of the trucks,” The Monitor reported.
The profits from the drug sales would then be sent back to Serna who used multiple bank accounts to funnel the money, including his furniture store’s business account.
A federal judge sentenced Serna to eight years in prison and ordered him to pay a $5,000 fine. He is scheduled to be released in 2020. Serna will then be placed on supervised release.
In addition, Serna was forced to forfeit his ranch which is valued at $300,000.