Dealership Exec Sentenced for Money Laundering, Drug Trafficking
A Florida dealerships's vice president was sentenced to six years in federal prison for money laundering, drug trafficking for the Gulf Cartel.
ORLANDO, Fla. — U.S. States District Judge Roy B. Dalton, Jr. today sentenced Eladio Marroquin-Medina, 31 of Apopka, to six years in federal prison for conspiracy to possess with the intent to distribute 1,000 kilograms or more of marijuana and conspiracy to engage in money laundering. Medina was the vice-president of JM2 Auto Sales Inc. in Apopka.
Joel Torres, the president of JM2, was previously convicted by a federal jury of three counts of money laundering and 11 counts of failure to file IRS Form 8300 — a report required for cash purchases over $10,000. Torres’ sentencing is scheduled for Feb. 25, before United States District Judge Roy B. Dalton, Jr.
According to court documents, Medina and Torres laundered narcotics proceeds for the Gulf Cartel at their car dealership in Apopka, Fla. The Gulf Cartel was a drug trafficking organization based out of Mexico. As payment for vehicles, Medina and Torres received money that was derived from narcotics sales. These vehicles were sent back to members of the cartel in Texas and were also used by local cartel members in Florida. At one point during the money laundering conspiracy, from Oct. 26, 2010 to Nov. 16, 2010, one cartel member brought more than $115,000 in cash into JM2 for the purchase of vehicles.
This case was investigated by the Internal Revenue Service-Criminal Investigation; Federal Bureau of Investigation; U.S. Immigration and Customs Enforcement’s Homeland Security Investigations; Drug Enforcement Administration; Bureau of Alcohol, Tobacco, Firearms, and Explosives; Apopka Police Department; Orange County Sheriff’s Office; and Osceola County Sheriff’s Office. It was prosecuted by Assistant United States Attorneys Christopher LaForgia and Shawn Napier.
More F&I

Why Your F&I PVR Is Misleading You
Here’s a handy checklist of the numbers to track in 2026 instead.
Read More →
Auto Consumer Anxiety Presents Opportunity
A survey of U.S. drivers found the majority are concerned about finances and the economy, but those fears make many ready to buy vehicle-protection products.
Read More →
Humble and Hungry: 12 Rules for an F&I Life
Dustin Gingerich, with a decade in the F&I business under his belt, shares his thoughts on leadership, building trust with customers, and the importance of learning and innovation.
Read More →
Focus on the Opening
F&I managers must learn as much as possible about their customers, starting before they walk into their offices. The bulk of today’s consumers expect that, and good results will follow.
Read More →
F&I Reaches for the Sky
The increasingly important profit center continued making gains in the first quarter, according to StoneEagle data, ancillary products proving more popular as consumers hold onto their buys longer.
Read More →
Timing the Market Can Hurt Long-Term Program Performance
For dealer-owned reinsurance entities, avoiding volatility entirely can mean falling behind inflation and missing market rebounds that drive long term surplus growth. Missing just a handful of strong market days can materially impact cumulative returns—an important reminder for long horizon trust and investment strategies.
Read More →
The 90/10 Rule
In this video, Ryan Ruff explains the rule that elite sales professionals use to turn ordinary conversations into unforgettable customer experiences.
Read More →
Your Office Is Talking
What’s the atmosphere saying about you to your customers? You can make minor adjustments and additions that transform your space into one that creates trust with the people on the other side of the desk.
Read More →
F&I Training Fundamentals
How can auto dealerships help F&I managers fulfill their vital role in the most effective ways? Industry expert Rick McCormick shares his insights on the best ways to train these professionals and help them maintain good habits.
Read More →
Not Just Any Tire Will Do
More consumers and businesses are opting for all-season options for various reasons as safety, sustainability and convenience push practical change.
Read More →