A Wells Fargo personal banker pleaded guilty to helping launder millions of dollars for drug traffickers like the Sinaloa cartel

A Wells Fargo banker pleaded guilty to knowingly opening bank accounts for people working with the Sinaloa cartel.

Luis Figueroa of Tijuana admitted he took part in the money laundering scheme that stretched across the US.

Money laundering organizations recruited people who would open bank accounts for the cartel's drug money, according to US investigators.

The drug money would be deposited in amounts below the threshold for regulatory reporting into "funnel accounts."

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