Lawmakers Ask Treasury to Stem Flow of Cash to Mexico on Prepaid Gift Cards

Posted on March 16, 2011 • Filed under: Business, Crime, Mexico, Organized Crime, United States

Three U.S. senators are asking the Treasury Department to finish long-awaited rules on prepaid gift and credit cards that cross the U.S. border with Mexico bypassing anti-money laundering requirements that anyone transporting more than $10,000 declare his or her holdings. Read Article

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