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Justice News

Department of Justice
U.S. Attorney’s Office
District of Puerto Rico

FOR IMMEDIATE RELEASE
Wednesday, April 4, 2018

Carlos Efren Reyes-Rosado, aka Farruko, Arrested For Bulk Cash Smuggling

SAN JUAN, P.R. – Yesterday, Carlos Efren Reyes-Rosado, aka Farruko, was arrested for failure to declare transportation of monetary instruments in excess of $10,000 and bulk cash smuggling into the United States, announced United States Attorney Rosa Emilia Rodríguez-Vélez. The case is being investigated by Homeland Security Investigations (HSI) and the Airport Investigations and Tactical Team (AirTAT).

On April 2, 2018, Reyes-Rosado traveled by helicopter from the Dominican Republic to Puerto Rico. When Reyes-Rosado filled out the CBP 6059B form, he indicated that he was not carrying more than $10,0000. He was initially detained at the Isla Grande airport, after a search of his bags revealed that he was carrying approximately $51,802 in US currency in his luggage and in the soles of his shoes in his bags.

On April 3, 2018, US Magistrate Judge Bruce McGiverin authorized a complaint and the arrest warrant was issued. The preliminary hearing is scheduled for 1:00 pm today.

Assistant U.S. Attorney María L. Montañez is in charge of the prosecution of the case. If convicted, the defendant faces a fine of no more than $250,000, imprisonment of up to 5 years, or both; and forfeiture of the property involved in the offense. The charges and allegations in the complaint are merely accusations, and the defendant is presumed innocent unless and until proven guilty in a court of law.

Topic(s): 
Financial Fraud
Component(s): 
Updated April 4, 2018