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Woman faces federal distribution, money laundering charges

A Marshalltown woman will be tried in federal court for conspiracy to distribute controlled substances and five counts of money laundering.

The trial for Liz Margarita Vargas, 45, is slated to begin Feb. 6.

According to documents filed in the United States District Court for the Southern District of Iowa, between December 2020 and July 2024, Vargas and co-defendant Jose Alfredo Moreno Hernandez participated in the conspiracy. It involved 50 or more grams of methamphetamine, 500 or more grams of a substance containing meth and at least 400 grams of a substance containing fentanyl.

The money laundering charges state that she transferred money from a United States account to a foreign account with the purpose of continuing drug distribution. The amount of money in each transfer varied. On April 13, 2023 and on Dec. 20, 2023, she sent $1,000 to the foreign account. On Dec. 21, 2023, Vargas sent $500, and on Feb. 15, 2024, $1,485 was transferred.

Hernandez was arrested in California after Vargas was charged.

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