Wednesday, November 23, 2011


US law enforcement interdiction, at the border, of southbound smuggled bulk cash, continues to be ineffective. Mexican law enforcement authorities have reportedly now seized just under $15.4m in narcotics profits in the border town of Tijuana. The funds were linked to a major cartel. Just how does a shipment of this size elude detection at the US-Mexican border ?

Remember, since it is basically impossible to place US Dollars into the Mexican financial structure, due to new and effective legislation that bans anything other than token dollar deposits, that money, if it was not seized en route, was probably bound for Guatemala, Honduras or Panama.  Are you accepting large wire transfers from those countries for the first time ? Where did the funds come from ?

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