The federal indictment alleges an alliance between the Sinaloa Cartel and money launderers linked to Chinese underground banking.
Two dozen alleged Los Angeles-based associates of Mexico 's Sinaloa cartel are facing federal money laundering charges alleging a scheme to hide the source of more than $50 million in drug proceeds, officials with the U.S. Drug Enforcement Administration announced Tuesday.
"Laundering drug money gives the Sinaloa Cartel the means to produce and import their deadly poison into the United States. DEA's top operational priority is to save American lives by defeating the cartels and those that support their operations. This investigation is the latest example, and there is more to come."According to the U.S.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Feds bust California-based drug network with ties to Sinaloa cartel; US Border Patrol agent arrestedA U.S. Border Patrol agent was among 47 defendants indicted in a major takedown of a California-based drug trafficking network with Sinaloa cartel ties.
Read more »
Feds bust California-based drug network with ties to Sinaloa cartel; US Border Patrol agent arrestedA U.S. Border Patrol agent was among 47 defendants indicted in a major takedown of a California-based drug trafficking network with Sinaloa cartel ties.
Read more »
Federal agents bust CA-based drug network with ties to Sinaloa cartelA U.S. Border Patrol agent was among 47 defendants indicted in a major takedown of a California-based drug trafficking network with cartel ties.
Read more »
DEA operation exposes growing links between Sinaloa cartel and Chinese organized crimeAndrew Blankstein is an investigative reporter for NBC News. He covers the Western U.S., specializing in crime, courts and homeland security.
Read more »
400 cops take down 36 members of Sinaloa Cartel-linked fentanyl/meth network: DAAmong those arrested was Alexander Grindley, who is accused of trafficking meth trafficking while employed as a U.S. Border Patrol agent.
Read more »
Feds charge 47 people linked to Sinaloa Cartel-linked drug trafficking network in Imperial ValleyThe federal raids resulted in 36 arrests, including one Border Patrol agent; 11 people remain at large.
Read more »