Revere man sentenced for money laundering and cocaine charges


Date: April 29, 2021


Boston — A Revere man was sentenced in federal court in Boston yesterday for cocaine possession and attempting to launder money to Colombia.

Jairo Agudelo was sentenced by U.S. District Court Judge Leo T. Sorokin to 57 months in prison and three years of supervised release. In December 2020, Agudelo pleaded guilty to money laundering conspiracy, substantive money laundering and possession with intent to distribute cocaine.

In February 2019, investigators seized approximately $200,000 in cash from Agudelo when he attempted to launder drug proceeds from Massachusetts to Colombia. When investigators executed a search warrant at a Revere apartment used by Agudelo as a stash house for his cocaine distribution, they located approximately 400 grams of cocaine, as well as drug packaging materials and over $11,000 in cash.

Acting United States Attorney Nathaniel R. Mendell; Ramsey E. Covington, Acting Special Agent in Charge of the Internal Revenue Service's Criminal Investigation Division; and Brian D. Boyle, Special Agent in Charge of the Drug Enforcement Administration, New England Field Division made the announcement today. Critical assistance was provided by the Boston Police Department; Massachusetts State Police; Revere Police Department; U.S. Immigration and Customs Enforcement, Enforcement and Removal Operations; and the United States Marshals Service. Assistant U.S. Attorneys Lauren A. Graber and Jared C. Dolan of Mendell's Narcotics and Money Laundering Unit prosecuted the case.

This investigation, dubbed "Operation Týr," is part of an Organized Crime Drug Enforcement Task Forces (OCDETF) operation. OCDETF identifies, disrupts, and dismantles the highest-level criminal organizations that threaten the United States using a prosecutor-led, intelligence-driven, multiagency approach.