Colorado Banks Terrified By Friendly Neighborhood Marijuana Merchants
During a visit to the Dixie Elixirs & Edibles plant in Denver last summer, I saw the machines the company uses
Browsing: money laundering
Banks Launder Billions in Illegal Cartel Money While Snubbing Legal Marijuana Businesses
The hypocrisy of the role that banks play in the drug trade is disgraceful.
Gangster Bankers: Too Big to Jail
How HSBC hooked up with drug traffickers and terrorists and got away with it.
Oregon Pot Center Raided, Owner Faces Money Laundering Charges
The owner of a medical cannabis “resource center” in Eugene faces felony charges after police raided his business and two residential properties he owns while investigating allegations of illegal pot dealing and money laundering.
Senate Raps HSBC Over Lax Controls, Links to Money Laundering, Drug Money
The chief compliance officer of Britain’s HSBC Tuesday said he was stepping down from that position after an investigation found that lax controls at the international bank allowed Mexican drug cartels to launder billions of dollars through its U.S. operation and other illicit transactions.
Mexico’s Narco Wars: Stolen Elections, FBI-Cartel Ties, and Why US Banks Don’t Want to End the Drug War
CANNABIS CULTURE - Last year's chilling book El Sicario: The Autobiography of a Mexican Assassin details the outright corruption of the Mexican government and its shady alliances with drug cartels.
Belief That the US Government Actively Supports Brutal Cartels Widespread in Mexico
The botched Fast and Furious gun-running operation is big news in Washington today, with Attorney General Eric Holder waiting to find out whether he will be held in contempt of Congress.
Medical-Marijuana Dispensaries Run Into Trouble at the Bank
The booming medical-marijuana industry in Washington is struggling to gain business legitimacy. Already on shaky legal footing because of the conflict between state and federal law, dispensaries are bogged down by troubles with banking and federal taxes.
Justice Department Says Dea Drug-Laundering “stings” Date Back to Reagan Presidency
A top Justice Department official on Wednesday confirmed the existence of ongoing investigations where agents have laundered drug-proceed money to Mexican drug cartels as part of a sting run, but he defended those probes against Republicans’ attacks.
Adventures in Drug War Logic
Laundering money for cartels: Good! Arguing for legalization: A fireable offense
