Federal agents and local police officers raid a business in Los Angeles' fashion district on Sept. 10, 2014, as part of an investigation into alleged 'trade-based money laundering' by Mexican drug cartels. Authorities say the cartels use businesses to convert their narcotics profits into pesos.
States, businesses and individuals, eager to avoid duties and political frictions and penalties, are increasingly using commercial transactions to disguise illicit money transfers....
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