https://www.npr.org/sections/money/2012/11/20/165590860/episode-418-how-the-government-set-up-a-fake-bank-to-launder-drug-money

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Episode 418: How The Government Set Up A Fake Bank To Launder Drug
Money : Planet Money One day in the early 1990s, a man walked into
the U.S. embassy in Ecuador. He said he had information somebody
would want to hear -- information on how to go after some of the most
powerful drug traffickers in the world.
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Episode 418: How The Government Set Up A Fake Bank To Launder Drug
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November 20, 20128:15 PM ET

Episode 418: How The Government Set Up A Fake Bank To Launder Drug
Money

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[dinaro_ban]

Special agents celebrate their fake offshore bank with apple juice.
Bill Bruton hide caption

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Bill Bruton

One day in the early 1990s, a man walked into the U.S. embassy in
Ecuador. He said he had information somebody would want to hear --
information on how to go after some of the most powerful drug
traffickers in the world.

The man worked as a money changer. He said he was getting a lot of
requests from traffickers who had a problem: They had so much cash
that they didn't know what to do with it. They couldn't figure out
how to launder their money.

What they needed was an offshore bank to help them. On today's show,
we hear how two U.S. agents -- one IRS, one DEA -- created a fake
offshore bank to catch drug traffickers.

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