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Mexico cartel 'funneled cash through Bank of America'

Tuesday, July 10, 2012


A notoriously violent cocaine-trafficking cartel funneled drug money through accounts at Bank of America to purchase race horses in the United States, according to the Federal Bureau of Investigation.

Los Zetas routed roughly $1 million per month for two years through Bank of America accounts, FBI Special Agent Jason Preece said.

The money allegedly flowed through a personal and business account owned by José Trevino Morales, the brother of two of the drug gang’s top leaders—Miguel Angel Trevino Morales and Omar Trevino Morales.


Source: Bloomberg