Article: Fake Bank Links Italian Mob, Cali Cartel

WASHINGTON A two-year sting that set up a phony bank for laundering drug money found direct links between the Italian mob and the Cali cocaine cartel in Colombia, U.S. officials said Friday.

The investigation, code-named Operation Dinero, seized nine tons of cocaine in Canada and the United States and $52 million in cash and assets.

Eighty-eight people, 60 of them in the United States, were arrested.

Authorities from Italy, Spain and Britain joined Thomas A. Constantine, head of the U.S. Drug Enforcement Administration, at a news conference to describe the results of Operation Dinero and to say they were ready to use similar tactics - seizure of drug-related assets and setting up ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!