Part 7/12:
The centerpiece of her investigation is the case against James Jensen, an owner of a crude oil purchasing company based in Rioondo, Texas. Jensen and his family are accused of conspiring to launder proceeds from the illegal oil trade—money that was sent to Mexican criminal organizations. Authorities estimate that over $47 million flowed from Jensen’s operations to Mexican shell companies affiliated with cartel interests.
This case exemplifies how supply chains in the US are complicit or negligent, knowingly or unknowingly facilitating the cartel’s profits. Schultz asserts that these companies are well aware of the illegal origins of the crude oil, given the large sums of money involved and the circulation of the shipments.