The arrest on Tuesday of a 27-year-old man with links to money laundering by Mexican drug cartels has authorities in South Texas on alert.
“We don’t want it coming here and we want it known that we’re being vigilant,” said Bexar County District Attorney Susan Reed, as she discussed fears that San Antonio may become a hot spot for money laundering by Mexican drug cartels.
Reed said that San Antonio is an ideal location for money laundering activity because of the cities close proximity to Mexico and the local business climate.
“We have lots of people making investments in our community so we have to be careful about what is happening and the money that is coming in,” she said.
Reed said a joint local, state and federal task force involving representatives from her office is, in her words, “designed to focus on the cartels."
She also expressed concern that crimes such as money laundering often lead to more violent crime, noting that the cartels have their own way of handling things.
She said, “They kind of do their own justice and don’t think about going to court.”
Instead, Reed said, “When they feel betrayed by someone, they just shoot them.”