A U.S. magistrate judge has dismissed a federal money laundering indictment against a Brownsville woman after she pleaded guilty to a misdemeanor charge, court records show.
Bea Marie Fairbanks, 24, pleaded guilty Friday morning in front of U.S. Magistrate Judge Ignacio Torteya III to failing to file a report with the Treasury Department regarding a transaction.
Torteya accepted Fairbanks’ plea and sentenced her to five years supervised probation and ordered her to perform 200 hours of community service, court records show.
In late 2013, Fairbanks was arrested and accused of opening a bank account to move nearly $170,000 in drug proceeds during an eight-month period.
She was one of nine Cameron County residents arrested and charged with laundering drug proceeds from Florida to Matamoros for the Gulf Cartel, according to the U.S Attorney’s Office.
Oscar J. Aguilar, 37, recruited Fairbanks, and the others, authorities said. He pleaded guilty on May 16 to conspiracy to commit international money laundering and faces up to 20 years in prison and a possible fine of $500,000 at his Aug. 18 sentencing.
Other suspects in the case have pleaded guilty to operating an unlicensed money transmitting business. Aguilar and Francisco Jesus Arambul-Cortez pleaded guilty to conspiracy to commit international money laundering. Arambul-Cortez was charged in a separate indictment.
According to the USAO, the conspiracy started in September 2008 and lasted through November 2012, and nearly $2 million was moved through nine bank accounts. From September 2011 through November 2012, $1.5 million was moved through the accounts, the USAO has said in previous news releases.
Unknown co-conspirators in Florida would deposit drug money into the accounts and other people would withdraw funds in amounts under $10,000 and turn the money over to Aguilar, who would facilitate crossing it into Mexico, according to the USAO.