U.S. Congress Considers Colombian Anti-Money Laundering

IMPORTANT: The full content of this page is available to premium users only.

Monday, December 1, 1997
Author: 
Bruce Zagaris
Volume: 
13
Issue: 
12
479-482
Abstract: 
On October 22, 1997, the General Oversight and Investigations Subcommittee of the House Banking and Financing Services Committee, U.S. House of Representatives held a hearing on black market peso brokering, a four step process that helps the Colombian cartels convert millions in U.S. currency obtained from the street sale of narcotics into pesos they can spend at home... [more]