Mom-and-Pop Stores: Perfect Money Laundering Vehicles on US-Mexico Border
Description
Criminal groups in Mexico rely on a variety of schemes to launder their dirty money, from bulk cash smuggling to illegal wire transfers, currency exchange houses, and the black market peso exchange.
In our Narrated Story this week, we take a look at how drug traffickers take advantage of small but cash-heavy businesses on the US-Mexico border to launder their illicit profits. The story dives deep into a federal court case involving perfume shop owners in Laredo, Texas, following the trail of cash from a drug deal in Kentucky to the purchase and shipment of perfume across the border.
Mom-and-Pop Stores: Perfect Money Laundering Vehicles on US-Mexico Border | Written by Jason Buch and read by Parker Asmann.
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