US Banks Funnel Drug Money? What Else Is New?

Did the banks funnel drug money to Columbian traffickers? The International Business Times reports: U.S.-based accounts at Citigroup Inc. (NYSE:C), Deutsche Bank AG (ETR:DBK) and Bank of America Corp. (NYSE:BAC) were used to channel tens of millions of dollars’ worth of global drug money that was sent to shady Colombian currency brokerages, an affidavit from an undercover Massachusetts detective obtained recently by 100Reporters says. The revelation comes as the U.S. Justice Department has been Read more […]