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Saturday 12 February 2011

Smuggling dirty money high-stakes game of hide-and-seek

The Million Dollar Money DropSmuggling dirty money high-stakes game of hide-and-seek | kens5.com | San Antonio News, Weather, Sports, Traffic, Entertainment, Video and Photos: "The U.S. government wants to cripple powerful drug cartels by going after their cash. Billions of drug dollars smuggled out of this country pay for weapons, bribes and other criminal expenses.
It's high stakes game of hide and seek.
Victor Torres Cruz and his canine partner Akim  search for bundles of cash bound for Mexico.
'The drugs come in and the money goes out' says Jose Uribe, director of the Customs and Border Protection's Laredo Port.
Now more drug money goes out in the form of cold, hard cash.
Tighter financial controls after 911 that targeted funding for terrorists made it harder for cartels to use wire transfers and other methods to move their money.
The U.S. confiscated more than $282 million at the border the past two years - thanks to increased southbound checks. But it's still only a fraction of the estimated $40 billion in U.S. drug sales."

DISCLAIMER:Text may be subject to copyright.This blog does not claim copyright to any such text. Copyright remains with the original copyright holder.

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