Security & Strategic Review - January 2012 (ISSN 1741-4202)

MEXICO-US | DEA ‘loses laundering sting money’. In a sting operation conducted jointly with the Mexican federal police, in 2007 the US Drug Enforcement Administration (DEA) infiltrated the Beltrán Leyva organisation and a group conducting money laundering operations for the Colombian Norte del Valle cartel. In order to follow the money trail they made about 15 transfers of funds totalling US$2.5m to banks in the US, Canada and China. Much of that money was lost. They also shipped a cargo of cocaine by air from Ecuador to Madrid via Dallas.

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