U.S. launders drug profits for probe
WASHINGTON -- Undercover U.S. narcotics agents have laundered or smuggled millions of dollars in drug proceeds as part of Washington's expanding role in Mexico's fight against drug cartels, according to current and former federal law enforcement officials.
The agents, primarily with the Drug Enforcement Administration, have handled shipments of hundreds of thousands of dollars in illegal cash across borders, those officials said, to identify how criminal organizations move their money, where they keep their assets and, most importantly, who their leaders are.
They said agents had deposited the drug proceeds in accounts designated by traffickers, or in shell accounts set up by agents.
The officials said while the DEA conducted such operations in other countries, it began doing so in Mexico only in the past few years. The high-risk activities raise delicate questions about the agency's effectiveness in bringing down drug kingpins, underscore diplomatic concerns about Mexican sovereignty and blur the line between surveillance and facilitating crime. As it launders drug money, the agency often allows cartels to continue their operations over months or even years before making seizures or arrests. >>>
The former official said federal law enforcement agencies had to seek Justice Department approval to launder amounts greater than $10 million in any single operation. But they said the cap was treated more as a guideline than a rule, and that it had had been waived on many occasions to attract the interest of high-value criminal targets.
So who does the waiving? Gun running and now money laundering? If congress doesn't approve these investments, how does the DOJ get the money? Is the US govt the next cartel?
I suppose that if you wanted to know what has been done with this information in relation to who has been arrested, perhaps we should look at Obama's campaign donors for next year's campaign, rather than look at the arrest record.