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Raid On Los Angeles Fashion Hub Exposes Mexican Drug Cartel Money Laundering Operation

Law enforcement agents leave a clothing store after a raid in the Los Angeles Fashion District Wednesday, Sept. 10, 2014.  U.S. agents raided dozens of businesses in the fashion district of Los Angeles early Wednesday as part of an investigation into suspected money laundering done for Mexican drug cartels.  (AP Photo/ Nick Ut )

Law enforcement agents leave a clothing store after a raid in the Los Angeles Fashion District Wednesday, Sept. 10, 2014. U.S. agents raided dozens of businesses in the fashion district of Los Angeles early Wednesday as part of an investigation into suspected money laundering done for Mexican drug cartels. (AP Photo/ Nick Ut )

Federal agents raided dozens of businesses in the fashion district of Los Angeles early Wednesday as part of an investigation into suspected money laundering done for Mexican drug cartels.

Several arrests have been made, Immigration and Customs Enforcement said in a statement.

The agency declined to provide further details before a press conference with federal prosecutors that was set for later in the day.

Hundreds of federal and local law enforcement agents fanned out across downtown Los Angeles in the sweep targeting about 70 locations.

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