Cartel Laundered Millions, Report Says

The Juarez cartel laundered about $47 million in drug money through a financial group, a newspaper reported. Reforma quoted a government prosecutor as saying the cartel, which bought a controlling share of Grupo Financiero Anahuac before authorities took it over, managed to launder millions of pesos. “Using Anahuac, the organization laundered money through bank branches in the Cayman Islands . . . where it would be difficult to register the transactions, but our estimation is that the amount reaches about 400 million,” the paper quoted anti-drug czar Mariano Herran Salvatti as saying.