Saturday, June 16, 2012

Cartel money laundering cases tough but critical

 

FILE - In this Tuesday, June 12, 2012 file photo, FBI agents overlook a horse ranch under investigation in Lexington, Okla. Federal agents raided the Oklahoma ranch and a prominent quarter horse track in New Mexico on Tuesday, alleging the brother of a high-ranking official in a Mexican drug cartel used a horse-breeding operation to launder money. Unlike most drug busts, the backbone of sophisticated money laundering cases is a complicated trail of paper _ reams of bank, tax and property records _ that usually take years to track. But hitting organized crime where it hurts the most _ the money flow _ is the most effective way to shut the crime networks down, investigators say. (AP Photo/Brett Deering, File)When it comes to arresting drug traffickers and dismantling organized crime, the investigation into a U.S. horse racing operation allegedly laundering money for one of Mexico's most powerful cartels is rare — and difficult to prosecute.

Cartel money laundering cases tough but critical
Sat, 16 Jun 2012 20:17:13 GMT

Posted by at 5:35 PM

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