After the U.S. Treasury Department announced sanctions against three Mexican financial institutions for allegedly helping drug cartels launder millions of dollars, Mexico's Attorney General's Office has launched its own investigation into one of them.
Last week, U.S. officials claimed CIBanco, Intercam Banco, and the brokerage firm Vector Casa de Bolsa were allegedly involved in laundering money for Mexican criminal organizations and facilitating payments for precursor chemicals used to produce fentanyl.
