Dec 19, 2011

Cartels use legitimate trade to launder money, U.S., Mexico say

latimes.com: "Faced with new restrictions on the use of U.S. cash in Mexico, drug cartels are using an ingenuous scheme to move their ill-gotten dollars south under the guise of legitimate cross-border commerce. U.S. and Mexican authorities say trade-based money-laundering may be the most clever — and hardest to detect — way in which traffickers are washing and distributing their billion-dollar profits." read more

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