Photographer: Andrey Rudakov/Bloomberg

A Cartel and a Briefcase: How Drug Cash Moves on a River of Gold

  • Laundering scheme used forged metal invoices, court files show
  • As banks beef up compliance, criminals hide money in trade

Mexican drug cartels operating in the U.S. have a problem: getting the profits home. Sometimes they try sending cash through banks, but that’s grown difficult as the government forces financial institutions to beef up anti-money-laundering efforts. So at least one international organization moved its money on a river of molten gold.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.