Wednesday, September 10, 2014

Pols 100W 2nd Post Cartels in Los Angeles

Los Angeles has always had its share of criminals just like any major city, but now it seems like Los Angeles has attracted Mexican cartels. The Los Angeles Times recently published an article about money being laundered by Mexican cartels. The cartels are laundering money in  the fashion district. The article talks about how the cartels were exposed in the shady businessmen through undercover investigation.
The cartels have been laundering money in a variety of clothing stores like, maternity and undergarment stores. The resent 2010 restriction on using US dollars in Mexico has forced these cartels to launder and trade their money, according to the article. If the cartels were to exchange such high amounts of dollars in Mexico the police would start to investigate them. The latest busts that occurred this week seized about 65 million dollars from the cartels.n The cartels seem to be from the state of Sinaloa and to be more specific from the city of Culiacan.


Article Link: http://www.latimes.com/local/lanow/la-me-ln-garment-district-raids-20140910-story.html

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