The News – Capital Media
The News – Capital Media
  • 22 Charged in Miami Drug Money Laundering Operation

  • Authorities say the undercover operation involved about $1 million a month in drug money from throughout North America

, photo: commons.wikipedia.org

07 of April 2016 11:34:35

MIAMI — Authorities say 22 people are being charged in an international money laundering case that funneled cash to drug trafficking cartels through Miami-based businesses.Miami-Dade State Attorney Katherine Fernandez Rundle said Thursday the case is a joint investigation with federal Homeland Security Department officials. Authorities say the undercover operation involved about $1 million a month in drug money from throughout North America.The charges are mostly against the illicit money couriers working for Colombian and Mexican cartels trying to get U.S. drug-profit dollars converted into pesos they can use. No business owners were charged but Rundle says they should be on notice when handling suspicious transactions.The Miami-area businesses are mostly involved in the South American electronics export trade.Authorities also seized about $1 million in cash during the investigation.



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