Originally published on Tue November 27, 2012 1:18 pm
In the early 1990s, Colombian drug cartels had a problem: They had more money than they knew what to do with.
"They were having a very difficult time with just the logistics of laundering millions and millions and millions of dollars every week," says Skip Latson, who worked for the DEA at the time.
So Latson and Bill Bruton, who was a special agent with the IRS, hatched a plan: They'd create a fake, offshore bank catering to the needs of the drug cartel.
The United States Southern Command has a new boss.