Operation Border Exchange: Closing the Operational Gap in Drug Law Enforcement (From Global Dimensions of High Intensity Crime and Low Intensity Conflict, P 242-253, 1995, Graham H Turbiville, ed. -- See NCJ-163867)

• NCJ Number: 163876
• Author(s): V J Cooksey; E H Wagner
• Date Published: 1995
• Length: 12 pages
• Sale Source: University of Illinois at Chicago
• Publication Type: Program/Project Description
• Language: English
• Country: United States of America
• Note: DCC.

Annotation

This paper describes Operation Border Exchange, a project under Operation Alliance designed to counter money laundering by exchange houses at the U.S.-Mexican border.

Abstract

The Border Exchange plan emphasizes an identification and notification process to ensure voluntary compliance with applicable Federal, State, and local laws, licensing, and regulatory statutes. The execution concept of the plan involves three phases. Phase one identifies money exchange houses and notifies them of Federal, State, and local licensing and regulatory statutes. Phase two consists of conducting regulatory compliance sweeps to ensure compliance with licensing and regulatory statutes communicated in phase one, as well as imposing administrative sanctions, including closing down violators, on those not in compliance. Phase three targets specific exchange houses and involved individuals and organizations for criminal investigation and sting operations, prosecution, and asset forfeiture. In addition to achieving enforcement results, the plan is also a successful drug law enforcement coordination achievement. 7 notes