Manuel Gerardo Velasquez, 36, (aka “Shorty”), an alleged El Paso cell ringleader for the Vicente
Carrillo Fuentes drug trafficking organization will remain in federal custody pending trial for allegedly smuggling and distributing more than 1,000 kilograms of marijuana and the repatriation of drug proceeds to the Republic of Mexico.
This morning, Velasquez waived his right to a detention hearing.
A 13-count federal grand jury indictment alleges that from January 1997 until the present, the defendants conspired to distribute more than 1,000 kilograms of marijuana throughout Texas, Oklahoma and into Kansas. In addition to the drug conspiracy charge, Velasquez is charged with one count of operating a continual criminal enterprise, one count of conspiracy to commit money laundering, eight counts of aiding and abetting the intentional possession of marijuana; and, two counts of maintaining a drug involved premise.
The indictment also seeks the criminal forfeiture of proceeds derived from the criminal scheme including cash and eight real estate properties in El Paso, Afton, OK and, Grove, OK.
During this investigation, authorities have seized some 3,800 pounds of marijuana and approximately $10,000 in U.S. Currency.