Utah Oil Tycoon James Jensen and Wife Arrested in $300M Mexican Oil Smuggling Scheme — Feds Raid $9.2M Mansion with Battering Ram

James Lael Jensen (Credit: KSLTV)

Federal agents have arrested Utah oil magnate James Lael Jensen, his wife Kelly Anne Jensen, and two of their sons, Maxwell Sterling Jensen (aka “Max”) and Zachary Golden Jensen, in connection with a sprawling $300 MILLION smuggling and money laundering conspiracy tied to Mexican criminal organizations.

Court records reveal that all four members of the Jensen family were arrested on Wednesday, April 23 — with sons Max and Zachary taken into custody in the Rio Grande Valley...