Law enforcement agents broke up a Colombian money-laundering ring Wednesday, arresting 26 people in three countries and seizing more than $16.5 million (¤13.15 million) in cash and drugs, drug enforcement officials said, according to AP. Arrests were made in Bogota and Cali, Colombia; New York, New Jersey, Florida and London, according to Drug Enforcement Administration officials. More than $10 million (¤7.97 million) in alleged drug profits and more than$6.5 million (¤5.18 million) in cocaine, heroin and marijuana were seized in the operation conducted by DEA, the FBI, Immigration and Customs Enforcementng as people in New York who were able to receive narcotics proceeds and place them into the U.S. banking system to be laundered through the peso exchange.
