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Horse racing being used to launder drug money13 June 2012WASHINGTON -- Seven people were arrested in a cross border drug and money laundering take-down that may also involve money laundering activities at US horse tracks, the LA Times reported. Authorities believe that a Mexican drug gang have been laundering millions of dollars through the world of "quarter horse racing", the report explained. It is alleged that drug money has been used to invest in the training and breeding of quarter horses, according to the LA Times report. |