Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

flamingdem

(39,313 posts)
Tue Jul 14, 2015, 08:38 PM Jul 2015

Florida Cops Laundered Millions For Drug Cartels, Failed To Make A Single Arrest

Last edited Tue Jul 14, 2015, 09:11 PM - Edit history (1)

Posing as money launderers, police in Bal Harbour and Glades County, Fla. laundered a staggering $71.5 million for drug cartels in an undercover sting operation, according to an in-depth investigation by The Miami Herald. With fake identities, undercover officers made deals to pick up cash from criminal organizations in cities across the country. Agents then delivered the money to Miami-Dade storefronts and even wired cash to banks overseas in China and Panama. After laundering the cash, police would skim a three percent commission fee, ultimately generating $2.4 million for themselves.

“If you think of all the money that’s made from drugs, at some point it has to be cleaned up and become legit,” remarked Finn Selander, a former DEA agent and a member of Law Enforcement Against Prohibition. But unless proper precautions are taken, sting operations can “backfire” and “come back and bite you in the proverbial ass.”

Together, the Bal Harbour Police Department and the Glades County Sheriff’s Office formed the Tri-County Task Force, which, despite the name, consisted of only two agencies. From 2010 to 2012, the task force passed on information and tips to federal agencies that led to the government seizing almost $30 million. Yet the undercover unit laundered over $70 million for drug cartels—more than twice as much as what was actually taken off the streets.

-- snip

Thanks to the commissions from money laundering, the task force could indulge in a lavish lifestyle. Officers enjoyed $1,000 dinners at restaurants in the Miami area, and spent $116,000 on airfare and first-class flights and nearly $60,000 for hotel accommodations, including stays at the Bellagio and the Mandalay Bay in Las Vegas and El San Juan Resort & Casino in Puerto Rico. Police also spent over $100,000 on iPads, computers, laptops and other electronics, bought a new Jeep Grand Cherokee for $42,012 and even purchased $25,000 worth of weaponry, including FN P90 submachine guns. (Bal Harbour, a seaside village of 2,500 residents known for having the nation’s top sales-generating mall, reported just one violent crime in 2012.)

http://www.forbes.com/sites/instituteforjustice/2015/07/10/florida-cops-laundered-millions-for-drug-cartels-failed-to-make-a-single-arrest/

9 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Florida Cops Laundered Millions For Drug Cartels, Failed To Make A Single Arrest (Original Post) flamingdem Jul 2015 OP
This has to be the onion? Florida police for a tiny town of 2500 people, can't be 'that' corrupt? Sunlei Jul 2015 #1
It's a very upscale area and really an extension of South Beach flamingdem Jul 2015 #2
Link (which you forgot in your OP) Electric Monk Jul 2015 #3
Thanks very much flamingdem Jul 2015 #4
I just finished a marathon rewatch of 'Reno 911'. They are probably more competent than these other Mnemosyne Jul 2015 #5
WTF??? malaise Jul 2015 #6
No wonder they didn't make a single arrest... HooptieWagon Jul 2015 #7
K & R !!! WillyT Jul 2015 #8
NOOOOO! Wtf? This is so corrupt. Over 100,000 people prayin4rain Jul 2015 #9

flamingdem

(39,313 posts)
2. It's a very upscale area and really an extension of South Beach
Tue Jul 14, 2015, 09:01 PM
Jul 2015

So the description of it doesn't give it justice. But true for such a small population that department really went over the top.

Mnemosyne

(21,363 posts)
5. I just finished a marathon rewatch of 'Reno 911'. They are probably more competent than these other
Tue Jul 14, 2015, 09:14 PM
Jul 2015

stooges.

prayin4rain

(2,065 posts)
9. NOOOOO! Wtf? This is so corrupt. Over 100,000 people
Tue Jul 14, 2015, 11:51 PM
Jul 2015

have been killed in the Mexican drug war and our police are aiding and profiting from it? ?!

Latest Discussions»General Discussion»Florida Cops Laundered Mi...