Friday July 3, 2020

Bank of America used by drug cartel to launder money

The brother of the alleged leader of a Mexican cocaine-trafficking cartel used Bank of America accounts to invest the organization’s drug proceeds in US racehorses, a FBI agent said.

9th July, 2012

The brother of the alleged leader of a Mexican cocaine-trafficking cartel used Bank of America accounts to invest the organization’s drug proceeds in US racehorses, a FBI agent said.

Jose Trevino-Morales, one of 14 people indicted by a federal grand jury in Texas on June 12, used a personal account and a business account under the name of Tremor Enterprises LLC to buy and sell horses using money generated from cocaine trafficking, extortion...

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