How A Major U.S. Bank #Laundered Billions In Mexican #Drug Money

From   Business Insider

The Guardian has an alarming story detailing the central role that Wachovia played in money laundering for Mexico's lucrative drug trade.

The newspaper's investigation shows how the bank - now owned by Wells Fargo - moved $378.4 billion from powerful drug cartels into currency exchange houses in Mexico. That's one-third of Mexico's annual GDP.

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