GRI

Texas Man Sentenced to 11 Years in Prison and Ordered to Pay $2M Fine for Conspiring to Monopolize International Transit Industry, Fix Prices, Extort $9.5M, and Launder Money

News Competition Sanctions & Fines
Date: 11th Jun, 2025 Source: US Department of Justice (Antitrust Division) Country: USA Original Source

Brief

"On "11/06/2025", the "US Department of Justice (Antitrust Division)" issued an update regarding "Texas Man Sentenced to 11 Years in Prison and Ordered to Pay $2M Fine for Conspiring to Monopolize International Transit Industry, Fix Prices, Extort $9.5M, and Launder Money". Carlos Martinez was found guilty of leading a violent conspiracy to control the transmigrante forwarding agency (TFA) industry, forcing competitors to join and pay into 'The Pool' or face financial and violent consequences, resulting in over $9.5 million extorted from small businesses."

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US Department of Justice (Antitrust Division)

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