SWJ Blog Post |
Western Banks 'Reaping Billions from Colombian Cocaine Trade' by Ed Vulliamy of The Guardian.
The vast profits made from drug production and trafficking are overwhelmingly reaped in rich "consuming" countries – principally across Europe and in the US – rather than war-torn "producing" nations such as Colombia and Mexico, new research has revealed. And its authors claim that financial regulators in the west are reluctant to go after western banks in pursuit of the massive amount of drug money being laundered through their systems...
Dave Dilegge is Editor-in-Chief of Small Wars Journal and serves as a Director at Small Wars Foundation. He is a retired USMCR Intelligence and Counterintelligence/HUMINT officer, and former USMC civilian intelligence analyst, as well as a defense consultant in the private sector.
Contact Dave at firstname.lastname@example.org.
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