Huge Los Angeles raid nets $90M in cartel money

By Amy Taxin

Published September 11, 2014 8:38am ET

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Huge Los Angeles raid nets $90M in cartel money — Law enforcement agents check a clothing store during a raid in the Los Angeles Fashion District Wednesday, Sept. 10, 2014. U.S. agents raided dozens of businesses in the fashion district of Los Angeles early Wednesday as part of an investigation into suspected money laundering done for Mexican drug cartels. (AP Photo/ Nick Ut ) | Nick Ut

LOS ANGELES (AP) — Raids in the fashion district of Los Angeles led to the seizure of $90 million — including $70 million of it in cash — in a massive crackdown on Mexican cartels’ attempts to use international trade to launder money from U.S. drug sales, federal authorities said.

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