Word: laundering
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...Mexican cartels subcontract Honduran groups to move drugs for them - sometimes "executing" those accused of stealing the product, Gonzalez alleged. And they have also been buying up real estate and businesses to launder money and provide bases for operations. "We found one huge hacienda bought by Mexicans with landing strips for major aircraft," he said, showing the photo of a concrete runway built in a seized jungle property. The traffickers have also been unloading an increased amount of crack onto the Honduran market, which is sold on corners by street gangs like the Mara Salvatrucha, he said...
...Association of Community Organizations for Reform Now (ACORN) has drawn conservatives' ire ever since allegations of voter-registration fraud dogged the group in the 2008 election. So when an activist posing as an aspiring politician taped ACORN workers advising him on how to launder money from a brothel to fund his campaign, the knives came out. The scandal--along with recent charges that Florida staffers had falsified voter forms--has been a blow to the group, which works on behalf of low- and middle-income families. The U.S. Census Bureau dropped ACORN as a partner in the 2010 population count...
...Haim and Nahum were allegedly major fundraisers for Shas and Yosef family networks of educational institutions. According to a report on Israeli television, Rabbi David Yosef was also said to have been the target of Solomon Dwek, the FBI's chief informant, who asked the rabbi to help him launder a check for $25,000. David Yosef reportedly declined. (Read about the New Jersey corruption sting...
...when they catch a thief in the act and don't think he's acting alone - they make him an informant. The informant in this case was a failed developer turned bank-fraud artist named Solomon Dwek, who then hung out his shingle as a bankruptcy fraudster who would launder money or buy off politicians for a small fee. The feds threw Dwek in the water like chum and waited to see what else they could catch. (Read a 1973 TIME article on corruption in American politics...
...Suspected of helping Mexican and Colombian drug traffickers launder as much as $20 billion in wholesale profits during his 8 years...