Bags of Cash from Drug Cartels Flood Teller Windows at U.S. Banks

  • Personal anecdote but the reason there's so much money laundering done by the Chinese is due to how difficult it is to legally convert from CNY to USD. The government has a ton of limits in place to limit outflows. People that work in China with families outside almost always have to resort to going through money laundering services that take Yuan and send you other currencies through front shops inconspicuously named like "Yao Repair Shop" or "Lim Tyre Company".

  • They used the drug sniffing dog alert to seize money - I thought all US money that is not new is contaminated with drugs - that just seems ripe for abuse, even though these individuals seem guilty as heck, local police have a history of abusing forfeiture.

  • It’s weird that they seem to be doing this in the open.