Legal News

FBI Uncovers Mexican Drug Cartel’s Laundering Through Bank of America
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

A Mexican drug cartel has been laundering money through Bank of America. The bank, the second largest in the States, is being investigated by the FBI due to the apparent abuse of the gang Los Zetas, who passed over a million dollars though it each month, fronted by the U.S. company Tremor Enterprises, LLC, a horse business run by Trevino Morales, a U.S. citizen who has two brothers in the gang.

The U.S. government characterizes Los Zetas as “the most technologically advanced, sophisticated and dangerous cartel operating in Mexico,” known to traffic cocaine and to be notoriously violent.

Jose Trevino, for his part, has pled not guilty to the charges of money laundering. He allegedly used funds from Los Zetas to purchase quarter horses in his business, sprinters used in races. One of these horses even won the $1 million first-place prize at the All America Futurity race at Ruidoso Downs.

  
What
Where


Meanwhile, the Bank of America is not being charged for misconduct. Larry Di Rita, a Bank of America Spokesman, has said that “We have strong anti-money-laundering procedures and work closely with the authorities when suspicious activity is discovered,” and of course they have fully cooperated with the FBI during investigations on this matter.



 

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Complex Litigation Attorney with 3-5 years of arbitration experience

USA-FL-Miami

Miami office of our client seeks complex litigation attorney with 3-5 years of law firm experience i...

Apply Now

Senior Business & Commercial Litigation Attorney

USA-CA-Irvine

Irvine office is seeking a business and commercial litigation attorney with 5+ years of experience. ...

Apply Now

Commercial Litigation Attorney with 1-3 years of experience

USA-TX-Dallas

Dallas office of our client seeks litigation attorney with 1-3 years of experience. The candidate wi...

Apply Now

Labor and Employment Attorney with 3-4 years of litigation experience

USA-CA-Los Angeles

Los Angeles office of our client seeks labor and employment attorney with 3-4 years of litigation ex...

Apply Now

RELEVANT JOBS

Estate Planning Paralegal

USA-VA-Williamsburg

ESTATE PLANNING PARALEGAL Full time position in the Williamsburg Office of a regional, multi-o...

Apply now

Legal Assistant / Paralegal

USA-CA-Santa Cruz

Atchison, Barisone & Condotti, APC is a boutique law firm located in downtown Santa Cruz specializin...

Apply now

ERISA Associate

USA-DC-Washington

Mooney, Green, Saindon, Murphy & Welch, PC, a midsize union-side labor law and employee benefits law...

Apply now

Receptionist and Phone Agent for Legal Office

USA-AZ-Phoenix

Job Summary -Receptionist and Telephone Intake Specialist Position Available- At the Law Offic...

Apply now

Most Popular

SEARCH IN ARCHIVE

To Top