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Tue June 12, 2012
FBI Raids Ruidoso Downs
RUIDOSO DOWNS, N.M. (AP) — Authorities say a ranch in Oklahoma and a race track in New Mexico have been raided by federal authorities.
Ruidoso Downs, N.M., Police Chief Doug Babcock said that agents with the Federal Bureau of Investigation raided the New Mexico track Tuesday morning to serve an arrest warrant. He did not know who was arrested. Officials also confirmed a ranch raid in Oklahoma but would not discuss details.
FBI spokesman Frank Fisher said agents served an arrest warrant in New Mexico but wouldn't talk specifics.
The New York Times (http://nyti.ms/KqFFiY) reports on its website that the raid involved Tremor Enterprises, a horse breeding operation run by the younger brother of a high-ranking official in Mexico's Zetas drug trafficking organization. The newspaper says Tremor was used to launder millions in drug money.
Copyright 2012 The Associated Press.