Feds, Bexar deputies raid 4 San Antonio sites, seize luxury autos
Authorities raided four locations in San Antonio this morning, seizing dozens of high-end cars and arresting two men as part of a yearlong money-laundering investigation.
The investigation targeted MGM Autos near Rittiman and Interstate 35 and Odida Auto, both of which sell used autos. Also searched were two homes, including one in Champions Run subdivision in the Stone Oak area.
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Among the 50 to 60 vehicles being seized are Ferraris, Lamborghinis, Audis, BMWs, Mercedes and other luxury brands, officials said.
“All told it was about $3 million to $4 million in assets,” said Bexar County Sheriff Javier Salazar, whose office provided an undercover deputy to the federal investigation. The the Internal Revenue Service’s Criminal Investigation Division and the U.S. Drug Enforcement Administration also were involved.
The two men are to appear in federal court this morning on money-laundering related charges.
Stay tuned for more as this story develops.
Guillermo Contreras covers federal court and immigration news in the San Antonio and Bexar County area. Read him on our free site, mySA.com, and on our subscriber site, ExpressNews.com. | email@example.com | Twitter: @gmaninfedland