Fashion hub raids target cartel money laundering

Published



LOS ANGELES (AP) — Federal authorities arrested nine people and seized about $90 million Wednesday in raids in the fashion district of Los Angeles, marking an unprecedented crackdown on Mexican cartels’ increasing reliance on international trade to launder money from drug sales in the United States.

About 1,000 law enforcement officers fanned out across the city’s downtown to search dozens of businesses suspected of taking bulk cash funneled by drug cartels for clothing exported to Mexico.

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