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Colombian traffickers find novel way to move millions in U.S. cocaine sales via bank ATMs

Colombian drug traffickers have been using automated teller machines to launder stacks of cash via deposits all across the United States, authorities say.

Colombian traffickers find novel way to move millions in US cocaine sales via bank ATMs

MIAMI — It’s been an age-old problem for Colombian drug traffickers: Moving mountains of cash from U.S. cocaine profits back to their country. The cartels’ latest solution: automated teller machines. But they aren’t withdrawing money from ATMs; they’re depositing tons of it, in stacks of $20, $50 and $100 bills, all across the United States. Over the past few years, U.S. authorities say, .

Colombian traffickers find novel way to move millions in US cocaine sales via bank ATMs

MIAMI — It’s been an age-old problem for Colombian drug traffickers: Moving mountains of cash from U.S. cocaine profits back to their country.

Colombian traffickers find novel way to move millions in US cocaine sales via bank ATMs

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