Court documents filed in federal court claim that a
suspected drug traffickers linked to Mexico’s Sinaloa Cartel used a
Middle Eastern honor system to launder drug proceeds. Known as a Hawala,
members of the conspiracy would be hired by cartel members in Canada
and Mexico to move drug proceeds through the honor system that does not
leave a paper trail as couriers move the money between countries. “Drug traffickers in Canada would
generate drug proceeds from multi-kilogram and multi-pound sales and
distribution of drugs provided by Mexican cartels, including the Sinaloa
Cartel,” court records obtained by Breitbart Texas revealed. A Hawala need two brokers who would
transfer the money between each other on a trust basis thus not leaving
behind any promissory notes or legally binding documents for authorities
to seize...more
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