Money Laundering Probe at Mexico Border Casts Cloud Over Rabobank
- U.S. investigates anti-laundering controls as old charges loom
- Bank's former regulator ran compliance in years under scrutiny
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Rabobank’s Calexico branch had an unusual problem -- too much cash.
Among the Dutch bank’s 119 branches in California, the tiny outpost along Mexico’s border needed weekly armored truck visits -- sometimes more than one -- to haul away all the U.S. dollars being deposited.