Mexico: Cartels using legitimate trade to launder money

posted by
December 21, 2011
Los Angeles Times    
Posted in News, PND News

"It's fast becoming the money-laundering method of choice for Mexican drug traffickers, U.S. and Mexican officials say, and it involves truckloads not of cash, but of fruit and fabric. ... 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." [editor's note: Just as Prohibition I created the Mafia's "business practices" ... History rhymes again - SAT] (12/21/11)

http://tinyurl.com/7yfcdow  

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