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Utah Man Pleads Not Guilty In Crude Oil Fraud Case

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A Utah man is pleading not guilty to federal charges linked to a crude oil terminal in South Texas. Twenty-five-year-old Maxwell Sterling Jensen was given a 750-thousand-dollar bond during a hearing in McAllen on Friday.

Jensen and three other members of his family are accused of buying stolen crude oil and having it delivered to a terminal facility in Rio Hondo. The scheme allegedly laundered millions of dollars for Mexican drug cartels. A pretrial hearing in the case is set for June.

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