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Mexican Currency Exchanger Seeking Release of Frozen Funds
By Carla Valero and Matt Squire
printMexican currency exchange company Casa de Cambio Puebla S.A. is fighting for the release of nearly $11 million seized by the U.S. government, reportedly as part of a money laundering investigation. In a June 5 letter to the U.S. Drug Enforcement Administration, Miami attorney Frank Rubino, who represents Casa de Cambio Puebla, said federal agents on May 16 seized the company's funds deposited at a Miami branch of Wachovia Bank. Assistant U.S. Attorney Andrea Hoffman told Rubino that she believes the funds were seized as part of a money laundering investigation involving Casa de Cambio Puebla, Rubino wrote in the...
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