Investigation and Analysis of Organized Crime
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Money Laundering

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Costa Rica Removed from Tax Haven “Grey List”

The Organization for Economic Cooperation and Development (OECD) removed Costa Rica from its “grey list” of tax havens after signing its 12th international...
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Colombia Arrests Venezuela’s Most Wanted ‘Drug Trafficker’

Colombia's National Police arrested one of Venezuela’s most wanted alleged drug traffickers, who is suspected of coordinating a drug ring running between Colombia,...
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Bolivia to Toughen Money Laundering Laws

Bolivia plans to strengthen sanctions against financial insitutions that fail to report suspicious transactions, which could signal money laundering, to the...
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International Bust Against Colombia Money Laundering Ring

An operation carried out simultaneously in the U.S., Italy, Colombia, Spain, and Puerto Rico arrested 22 alleged members of a criminal group which laundered money...
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Small Success Shows Bigger Failure to Stop US-Mexico Cash Smuggling

U.S. authorities celebrated the confiscation of more than a million dollars in cash along the Mexican border, unwittingly illustrating the overall failure to stop...
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Texis Cartel Controls El Salvador Cocaine Route

El Salvador's drug trade gets relatively little attention, overshadowed by the chaos in Mexico, but a new investigation has cast light on the rise of the Texis...
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Puerto Rican Kingpin Sees Ex Make Plea Bargain

The ex-wife of Puerto Rican drug kingpin Jose Figueroa Agosto has made a plea bargain with prosecutors in the Dominican Republic, admitting that she laundered money...
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US Targets Bank in Mexico Money Laundering Crackdown

In a move that may prove key in the fight against organized crime, the U.S. Justice Department is reportedly working to prosecute HSBC bankers for allegedly...
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Mexico Passes Money Laundering Law

On April 29 the Mexican Senate approved an anti-money laundering bill, reports OEM. The law will set penalties of up to 16 years for people and organizations that...
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Tijuana Cartel Leader Extradited to US

Benjamin Arellano Felix, alias "El Señor," a leader of Mexico's Tijuana Cartel, has been extradited to the U.S., reports El Universal. Arellano Felix is wanted on...
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Puerto Rico’s Drug-Baseball Connection?

One of the most powerful traffickers in Puerto Rico, Angel Ayala Vazquez, was reportedly convicted Tuesday on drug trafficking charges, along with his brother, Luis...
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Mexican Cartels and the US Banking System

An investigation by British newspaper The Observer details how the Mexican-based Sinaloa Cartel laundered billions of dollars through Wachovia, once one of the...