AMEX International Trust (Cayman) Limited and Cayman International Trust Company Limited were innocently used to launder the proceeds of cocaine trafficking from Mexico to the US in the early 1990s, it has been alleged in a Texas court case. Jose Jesus Echegollen and Guillermina Chavez are accused of using a string of Cayman companies to help launder $30 million in cocaine proceeds which were transferred to Cayman from banks in the US and Mexico.
Articles Cayman Islands Featured Mexico Money Laundering Narcotics Trafficking USAJune 26, 1997
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Cayman Islands Mexico Money Laundering Narcotics Trafficking USAKeywords
American Express Cayman International Trust Company Limited Guillermina Chavez Jose Jesus Echegollen