22 charged in international money laundering case
The charges are mostly against the illicit money couriers working for Colombian and Mexican cartels trying to get U.S. drug-profit dollars converted into pesos they can use.
Authorities say 22 people are being charged in an international money laundering case that funneled cash to drug trafficking cartels through Miami-based businesses.
Miami-Dade State Attorney Katherine Fernandez Rundle said Thursday the case is a joint investigation with federal Homeland Security Department officials. Authorities say the undercover operation involved about US$1 million a month in drug money from throughout North America.
The charges are mostly against the illicit money couriers working for Colombian and Mexican cartels trying to get U.S. drug-profit dollars converted into pesos they can use. No business owners were charged but Rundle says they should be on notice when handling suspicious transactions.
The Miami-area businesses are mostly involved in the South American electronics export trade.
Authorities also seized about US$1 million in cash during the investigation.