Stanford may have laundered drug money for Mexican cartel

money laundering

Told you this story would be bigger than Madoff!

Authorities tell ABC News that as part of the investigation, which has been ongoing since last year, Mexican authorities detained one of Stanford’s private planes. According to officials, checks found inside the plane were believed to be connected to the Gulf cartel, reputed to be Mexico’s most violent gang. Authorities say Stanford could potentially face criminal charges of money laundering and bribery of foreign officials.

He has also been a huge contributor to Democratic politicians.

Gosh, maybe he better hope the feds find him before the cartel does.

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