|Own your ow legal marijuana business||
Your guide to making money in the multi-billion dollar marijuana industry
|A Response to the DEA web site|
DRCNet Response to the
Drug Enforcement Administration
Operation Dinero began in the DEA Atlanta Division during 1992 when DEA Special Agents penetrated the Cali mafia and were commissioned by the Colombian mafia to arrange money pickups in the United States and Europe. Phase I of the operation focused on undercover money pickups that identified the connection between drug trafficking and drug cell money groups in the United States. Phase II focused on DEA's operation of an off-shore private "Class B" bank which servedat least in appearanceas a legitimate source for laundering drug proceeds by the unwitting Colombian mafia.
With the expertise of the IRS, DEA, and the British Government, a private bank was established in Anguilla, British West Indies. Once the bank became operational, the DEA worked undercover to promote the services of the bank within the international criminal community, as well as to the Cali mafia in Colombia. By operating the bank, DEA undercover agents gained credibility with the Cali mafia, and in 1994, the bank began servicing drug trafficker accounts.
In addition, a number of undercover corporations were established in different jurisdictions as multi-service "front" businesses designed to supply "money laundering" services such as loans, cashiers checks, peso exchanges, wire transfers, or to establish holding companies or shell corporations for the trafficking groups. Ultimately, members of the Cali mafia engaged the bank to sell three paintings, a Picasso, a Reynolds and a Rubens. These paintings were seized by the DEA and IRS in 1994.
By operating the bank, the DEA developed knowledge concerning drug trafficking and money laundering methods used by the traffickers. By tracking the monies coming into the account and orders for disbursements, the DEA gleaned intelligence that led to related investigations in other jurisdictions throughout the United States and abroad.
Operation Dinero spanned four countries and several U.S. states. It resulted in 88 arrests, the seizure of approximately 9 tons of cocaine, and the confiscation of well over $50 million in cash and other property.
The 2-year joint enforcement operation was coordinated among the U.S. Drug Enforcement Administration, the Internal Revenue Service, Immigration and Naturalization Service, the Federal Bureau of Investigation, and international law enforcement counterparts in the United Kingdom, Canada, Italy and Spain. The involvement of so many law enforcement entitiesforeign and domestic--demonstrated the success of international cooperation and intelligence sharing. Through Operation Dinero, the U.S. Government and the international law enforcement community made great strides in undermining and disrupting the Cali mafia's financial operationsthe lifeblood of their organization.
Travel back to the DRCNet Response to the DEA Home Page
Travel back to the List of DEA Publications
Travel back to the Table of Contents
Schaffer Library of Drug Policy
Major Studies of Drug and Drug Policy
Marihuana, A Signal of Misunderstanding - The Report of the US National Commission on Marihuana and Drug Abuse
Licit and Illicit Drugs
Short History of the Marijuana Laws
The Drug Hang-Up
Congressional Transcripts of the Hearings for the Marihuana Tax Act of 1937
Frequently Asked Questions About Drugs
Basic Facts About the Drug War
Charts and Graphs about Drugs
Information on Alcohol
Guide to Heroin - Frequently Asked Questions About Heroin
LSD, Mescaline, and Psychedelics
Drugs and Driving
Children and Drugs
Drug Abuse Treatment Resource List
American Society for Action on Pain
Let Us Pay Taxes
Marijuana Business News
Reefer Madness Collection
Medical Marijuana Throughout History
Drug Legalization Debate
Legal History of American Marijuana Prohibition
Marijuana, the First 12,000 Years
DEA Ruling on Medical Marijuana
Legal References on Drugs
GAO Documents on Drugs
Response to the Drug Enforcement Agency
|Drug Information Articles|
Taking a drug test:
How To Pass A Drug Test
Beat Drug Test
Pass Drug Test
Drug Screening Tests
Drug Addiction Treatment