Chairman Issa Broadens Fast and Furious Investigation into DEA’s Cartel Money Laundering Scheme

December 5, 2011

WASHINGTON, D.C. – House Oversight and Government Reform Committee Chairman Darrell Issa, R-Calif., today announced an investigation into the Drug Enforcement Agency's alleged laundering of millions of dollars in Mexican drug cartel money. The New York Times reported that the DEA employed similar tactics with money laundering as were seen in ATF's Operation Fast and Furious, where guns were allowed into the hands of low level straw purchasers in hopes that they would lead to drug kingpins.

In today's letter to Attorney General Eric Holder, Chairman Issa states "The existence of such a program again calls your leadership into question. The managerial structure you have implemented lacks appropriate operational safeguards to prevent the implementation of such dangerous schemes. The consequences have been disastrous."

This news comes as Attorney General Holder is scheduled to appear before the House Judiciary Committee this Thursday to testify on Operation Fast and Furious.

Read the letter to Attorney General Holder here.

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