The Utah family, including parents James and Kelly Jensen, along with their two sons, has been charged in a major smuggling operation involving stolen Pemex crude oil, valued at $300 million. The Jensens, who own Arroyo Terminals, a crude oil trading company in Texas, allegedly laundered money and imported fraudulent shipments of crude oil from Mexico in collaboration with Mexican drug cartels.

Federal authorities raided the family’s $9.1 million mansion in Sandy, Utah, on April 23, using a battering ram to break down the door. Court documents revealed the family is accused of smuggling nearly 3,000 shipments of crude oil between May 2022 and 2025. “The crude oil that was making its way into the United States was, by necessity, having to be stolen from Pemex, mislabeled, and then delivered into the United States labeled as waste oil,” said Assistant U.S. Attorney Michael Eugene Hess.

The Jensen family allegedly funneled over $47 million to businesses in Mexico connected to the CJNG cartel. Federal agents also seized luxury assets including a 2023 Corvette, a Mercedes-Benz, and the family’s multimillion-dollar mansion.

If convicted, the Jensens face up to 20 years in prison and the forfeiture of their $300 million empire, including Arroyo Terminals.