Posted incommunity, News

Feds Target Cross-Border Money Laundering in L.A. Fashion District

LOS ANGELES — Hundreds of federal agents raided Fashion District businesses in downtown Los Angeles, arresting nine people and seizing $65 million in a crackdown on what prosecutors called a scheme to launder cash for Mexican drug cartels. The Sept. 10 raids — part of what federal prosecutors dubbed “Operation Fashion Police” — coincided with […]

Gift this article