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  1. #1

    U.S. agents scramble to grasp how Mexican cartels launder money via L.A. fashion district

    Federal agents hope documents and electronic data seized during raids on the Los Angeles fashion district last month and cash-transaction reports that businesses in the zone are now required to file will help clarify how Mexico’s drug cartels are using international trade to launder money, law enforcement sources say.

  2. #2

    U.S. agents scramble to grasp how Mexican cartels launder money via L.A. fashion district

    The ability to generate new intelligence from documents and human sources may well dictate – at least in the short term – the degree to which U.S. authorities can effectively combat Mexican cartels by hitting them in their pocketbooks.

  3. #3

    U.S. agents scramble to grasp how Mexican cartels launder money via L.A. fashion district

    “I don’t want to say that our investigation has led to more questions than answers, but I will say our investigation has certainly led to a lot of very good questions we need answered,” said Jere Miles, a deputy special agent in charge of U.S. Immigration and Customs Enforcement’s Homeland Security Investigations unit (HSI) in Los Angeles, one of the agencies involved in the fashion district enforcement push.

  4. #4

    U.S. agents scramble to grasp how Mexican cartels launder money via L.A. fashion district

    On Sept. 10, in a crackdown called Operation Fashion Police, 1,000 law enforcement agents poured into the fashion district and arrested nine people who allegedly took part in a trade-based money laundering scheme orchestrated by Mexican drug cartels.

  5. #5

    U.S. agents scramble to grasp how Mexican cartels launder money via L.A. fashion district

    On the contrary, Miles believes the cartels are likely using only their own people. He cited the case of alleged Mexican money launderer Blanca Margarita Cazares Salazar who in December 2007 was blacklisted by Treasury’s Office of Foreign Assets Control. It claimed she ran a raft of businesses that washed dirty U.S. dollars for the Sinaloa Cartel.

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