Mexican cartel suspect found with more than $1M in Jackson Co.

JACKSON COUNTY, MS (WLOX) - A Texas man is facing federal charges after authorities found more than $1 million in the oil pan of a vehicle he was towing through Jackson County.

No image has been released of Luis Miguel Aguilar Gutierrez, but we're told he was arrested on Thursday after he was pulled over on Interstate 10.

Gutierrez is charged with running an unlicensed money transmission business and interstate travel in aid of racketeering. Each charge carries five years in federal prison.

Friday, a judge ordered Gutierrez be held without bond.

Authorities say in an interview on Thursday, Gutierrez admitted to working for a Mexican drug cartel.

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