Affidavit: Mexican cartels laundering drug proceeds in US
A federal Drug Enforcement Agency affidavit obtained by The Associated Press says a Mexican cartel is suspected of laundering $2 million in drug proceeds through a small southwest Kansas bank to avoid tighter restrictions on US currency in its home country.
A search warrant filed Tuesday in federal court lays out the investigation into alleged money laundering between 2011 and 2014 by a cartel known as the Mexican Mennonites and others. The warrant was executed against a former banking official.
Plains State Bank senior vice president Lindsey Schartz says two ex-employees named in a Drug Enforcement Administration affidavit no longer work there.
