Skip to comments.Feds: Cartel money launderer charged in cocaine conspiracy
Posted on 05/24/2014 2:29:52 PM PDT by Kid Shelleen
An alleged associate of a Mexican drug cartel has been charged in a conspiracy that distributed more than 100 kilograms of cocaine in the Philadelphia region, federal prosecutors said today.
Prosecutors say it was Jorge Bautista-Bandas job to launder the illegal drug proceeds, depositing the money in $8,000 increments at Center City banks. By depositing amounts less than $10,000, prosecutors said Bautista could avoid having to file currency transaction reports.
(Excerpt) Read more at philly.com ...
Mexican Cartels have a foothold in Washington D.C.
CONFIRMED: The DEA Struck A Deal With Mexico's Most Notorious Drug Cartel
businessinsider Jan. 13, 2014
Prohibition works, for cartels and police states.
The feds can give the confiscated blow to Barack “Snow-Nose” Obama” for disposal.
It must be a bitter pill to swallow for an ethical prosecutor to pursue a case against drug users and pushers when we have an admitted dope and cocaine druggie sitting in the White House.
Drug cartels1200 US communities as of 2011, list of cartels by city or State:
“...All told, Mexican cartels reside in 1,200 American communities as of 2011, up from 230 in 2008, according to the Associated Press. Below is a map that shows just how many states have been penetrated, according to the National Post’s special report on the topic...”
“an ethical prosecutor”
You owe me a new keyboard!
Retired banker here.
First, he's not the one that makes reports - the bank has that responsibility. Secondly, a long time ago, banks put in place a system that tracks deposits bankwide to assure that this doesn't happen (avoiding reports). Third, reports are regularly made covering amounts less than $10,000 when they are suspicious or frequent.
On the other hand, reporting activity regularly doesn't seem to prompt action from Federal authorities - the program is probably run by the same people that try to run other government programs - they just don't work (programs or people).
Besides, the currency deposited often smells like drugs - big clue.
He should have set up a liberal PAC. Then again, I’m not sure the democrats want any competition.
“...In an interview with Breitbart News outside of his childhood home, a now-condemned apartment in Altgeld Gardens, one of Chicagos most well known housing projects, Ward explained that there are a number of issues leading to the bloodshed in the city. The greatest reason, Ward says, is drugs and how they are being brought into the city...”
Where the drugs are coming from is Mexican cartels, Ward said. From Mexico to Chicago, they make $3.5 billion dollars a year. And the majority of violence in Chicago, comes from the Mexican cartels.
Altgeld Gardens and the unfulfilled promises of Richard Daley and Valerie Jarretts Plan for Transformation
If you see posts of interest to Pennsylvanians, please ping me.
Thanks for the Ping.
I've seen rumors of a new Obama "currency regulation" to become effective 1 July. This story highlights that "the problem" is that folks can stay under the RADAR by moving smaller amounts. Any bets, that rumor or not, we see a move to "make us accountable" for very small amounts of cash being moved?
You’re welcome. Have a nice weekend & blessed Memorial Day.