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Tuesday, June 18, 2013 | 7:26 p.m.

Posted: 6:19 a.m. Monday, July 9, 2012

FBI: Mexican drug cartel used BofA to hide money

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CHARLOTTE, N.C. —

The FBI said a Mexican drug cartel used accounts at Bank of America to hide money and then invest that money in U.S. racehorses.

The Wall Street Journal reported Back of America has not been accused of doing anything wrong and is working with authorities.

An FBI agent told the paper the account has been open since 2009, with more than $1.5 million deposited or withdrawn.

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