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Latino Daily News

Tuesday January 10, 2012

Like the Failed ATF “Fast and Furious”, the DEA is Trying to Track Money They’ve Given to Cartels

Like the Failed ATF “Fast and Furious”, the DEA is Trying to Track Money They’ve Given to Cartels

Photo: DEA is Trying to Track Money They've Given to Cartels

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According to the New York Times, while attempting to track money that was believed to be making it into the hands of drug cartels, the U.S. government was actually laundering and smuggling money from and for the drug organizations.

The Drug Enforcement Administration has said that the intel provided by money laundering operations allowed them to learn the whereabouts of stash houses, the cartels’ methods for funneling their money and the names of some of the high-ranking cartel members.

A unnmaed former DEA officer told the Times, ‘My rule was that if we are going to launder money, we better show results. Otherwise, the DEA could wind up being the largest money launderer in the business, and that money results in violence and deaths.’

And that’s exactly what many say happened as a result of the ATF’s “Fast and Furious” operation, where officials admit to losing track of the money and weapons laundered and smuggled to and from the Mexican cartels.

Since Mexican President Felipe Calderón declared a war on drugs in 2006, around 40,000 people have died on drug/cartel-related violence.