Miguel Angel Trevino Morales
10 July 2012. Wall Street Journal reported that FBI filed an affidavit last month alleging that a drug trafficking network had used Bank of America accounts to hide and launder drug money. A horse buying and trading business was used to launder Zetas illegal money. The ultimate purpose of this scheme was to give legitimacy to Jose Trevino’s assets in United States. Trevino, a U.S. citizen, is the brother of Miguel Angel Trevino Morales, the leader of Los Zetas. The two of them, along with 12 others, were indicted last month for their alleged roles in the money laundering activities. Miguel Treviño is a former member of the Mexican Army’s elite Airborne Special Forces Group and was trained in US, France and Israel. The Journal said that Bank of America was not accused of any wrongdoing. Bank of America spokesman told the Journal that they have robust anti-money laundering processes and procedures that comply with regulatory and legal requirements and when they encounter any illegal activity conducted through customer accounts they would report to the appropriate authority.
