Los Angeles Fashion District raided in drug money-laundering probe
- 10 years ago
Police and U.S. federal agents raid dozens of Los Angeles Fashion District businesses.
Law enforcement officials say they're suspected of operating as part of a major money-laundering hub for narcotics traffickers in Mexico.
Nine people were arrested Wednesday, and four others charged in the investigation remained at large.
The raids capped a two-year investigation that officials dubbed "Operation Fashion Police."
Officials estimate that $65 million in illegal proceeds were seized as part of the investigation, including funds confiscated from bank accounts around the world.
Law enforcement officials say they're suspected of operating as part of a major money-laundering hub for narcotics traffickers in Mexico.
Nine people were arrested Wednesday, and four others charged in the investigation remained at large.
The raids capped a two-year investigation that officials dubbed "Operation Fashion Police."
Officials estimate that $65 million in illegal proceeds were seized as part of the investigation, including funds confiscated from bank accounts around the world.