Drug Traffickers Launder Billions Through Remittances. Here’s How to Stop Them.

Reported by Will Freeman,  Steven Holmes and Mariana Fernandez Rubach Forget corrupt banks. Drug cartels have a new favorite tool for laundering money—remittances sent via services like Money Gram and Western Union.   Lax government oversight allows cartels to launder billions through remittances annually. But it doesn’t have to be this way. Congress and U.S. embassies can take steps […]