Attempts to smuggle cash from Texas into Mexico have spiked following the country's decision last year to partially lift a cap on U.S. dollar deposits, according to federal investigators.
When imagining how dirty money is moved around the country, "think of FedEx," says Joseph Burke, chief of the National Bulk Cash Smuggling Center in Vermont. The center is tasked with tracing the sometimes elaborate path of drug proceeds from point-of-sale to the bank teller's window.