Ayyan Ali, a top supermodel in Pakistan, has been charged with money laundering after she was caught with more than half a million dollars in her possession at Islamabad airport.
World banking giant, HSBC, got caught with its hand in a money laundering scheme that helped drug cartels turn nearly a billion dollars in narco-cash into gold. HSBC only faced a fine for their complicity, but members of money-laundering organizations (MLO) are now facing up to twenty years.
The Senate Judiciary Committee has delayed consideration of Loretta Lynch to replace Eric Holder as Attorney General. Committee member Sen. David Vitter says he wants to dig into Lynch’s role in the federal prosecution of HSBC in 2012.
DONNA, Texas – The president of the Donna Independent School District (ISD), Albert Sandoval, hired a convicted felon to be general counsel for the district and agreed to pay him $300,000 per year in retainer fees plus $225 per hour
DONNA, Texas — In a city that has become a model of border-area corruption, Breitbart Texas has discovered that the legal counsel for the school board in Donna, Texas is apparently a convicted felon who spent time in federal prison on money laundering charges tied to drug trafficking and lost his license to practice law for several years.
A top Los Zeta cartel associate in Texas who is serving a 20-year sentence for money laundering will now serve an additional five years in prison for trying to bribe a judge in Texas.
Mexican drug cartels, along with an untold number of global criminal and terrorist organizations, launder billions of dollars every year through banks and money service businesses. In order to curb this cartel activity, the Mexican government has severely limited the amount of American dollars that can be deposited into numbered accounts. A side effect of this policy, however, has been that Mexicans and travelers who pass through the country’s airports can quickly and easily profit from buying U.S. dollars at a loss, then selling them a few feet away for pesos at a roughly 3 percent profit.
The man identified as one of the Gulf Cartel’s top money men on the Texas side of the border will spend 14 years in federal prison.
