U.S. Sting Results in Indictments of Three Mexican Banks and Apology from Clinton

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Monday, June 1, 1998
Author: 
Bruce Zagaris
Volume: 
14
Issue: 
5
Abstract: 
On May 18, 1998, the culmination of a three-year sting operation resulted in a grand jury indictment against 160 people, including three Mexican banks and twenty-two Mexican bankers for laundering millions of dollars in drug profits.