Silent Partners
- Share via
How can we ever stop the crime of drug trafficking when our largest banks and our federal government are accessories and silent partners?
I read that the Bank of New England was fined $1.24 million for violating federal currency reporting laws. We all know that it means they “laundered” illegal criminal profits. Probably the bank made a profit of $10 million, so it was easy to give $1.24 million to its partner, the U.S. of A. and still keep a tidy profit.
If we really want to stop the drug traffic, make money-laundering a crime, and put a few of those bank officers in jail. All we do now is slap them on the wrist and make them share the illegal profits.
BOOTS HERSH
Long Beach
More to Read
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
