The Mexican criminal group Los Zetas used Bank of America in order to launder money obtained from their investments in horse racing in the U.S., according to the FBI, said today the Wall Street Journal.
The relationship between the Zetas and the second largest U.S. bank is settled in court documents in Texas, where last month they opened a case against the group for laundering money from their horse racing business, the newspaper said.
Jose Trevino Morales, brother of the second in command of the Zetas and who was arrested in the United States last month, was the one who led the horse business operation linked to criminal gang.
Also, he was responsible for investing, transfer and withdraw money from accounts at Bank of America, both you and on behalf of the business, the newspaper said.
According to the testimony made under oath by the agent of the Federal Bureau of Investigation (FBI), Jason Preece, Treviño Morales made about a dozen transactions from December 2009 valued at $ 1.5 million.
The case of money laundering through a ranch Zetas and the acquisition of dozens of horses trained for racing quarter mile was originally published in early June by The New York Times.
- Mexican Drug Cartel Laundered Money Through Bank of America FBI Alleges (americankabuki.blogspot.com)
- Las Zetas accused of money laundering at Ruidoso Downs Racetrack Oklahoma (pikapvs.wordpress.com)
- FBI Says Cartel Used Bank of America to Launder Money – Bloomberg (bloomberg.com)