Affidavit: Cartels laundering drug proceeds in US, Kansas amid tightened Mexican banking laws
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A federal Drug Enforcement Agency affidavit obtained by The Associated Press says a Mexican cartel is suspected of laundering $2 million in drug proceeds through a small southwest Kansas bank to avoid tighter restrictions on U.S. currency in its home country.
A search warrant filed Tuesday in federal court lays out the investigation into alleged money laundering between 2011 and 2014 by a cartel known as the Mexican Mennonites and others. The warrant was executed against a former banking official.
Plains State Bank senior vice president Lindsey Schartz says two ex-employees named in a Drug Enforcement Administration affidavit no longer work there.
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The case was sealed Wednesday after the AP contacted prosecutors.
U.S. Attorney Barry Grissom says it is an ongoing investigation. No charges have been filed.