May 23, 2011

Whack-a-mole: How Drug Cartels Move Cash Across The U.S.-Mexico Border

How Drug Cartels Move Cash Across The U.S.-Mexico Border | KPBS.org: "The cartels make billions of dollars on the drug trade. But they have to work out complicated schemes to get those dollars they make from addicts in the United States back into Mexico and convert them into usable pesos.

It's a lot of money. And money can overcome lots of challenges. ...

Many of the wire transfers ended up in Culiacán, Sinaloa, the place to go to cash out American greenbacks for pesos in Mexico's organized crime capital. Experts describe it as a violent city along the Pacific Coast with a long history of drug trafficking."

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