28 Sep '14, 12am

Drug Cartels are Laundering Money Using Fast Fashion

Drug Cartels are Laundering Money Using Fast Fashion

isn’t just terrible for the environment.; new evidence shows that it is also enabling drug cartels to launder money. Police recently seized $100 million from businesses in the LA Fashion District, including money used for ransom payments to the Mexican Sinaloa drug cartel. This so-called black market peso exchange has begun to thrive in the Fashion District after heightening bank restrictions and tighter border controls limited money smuggling.

Full article: http://inhabitat.com/drug-cartels-are-laundering-money-us...

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