It's not shocking that a DEA agent thinks that 5%-10% of WU transactions are drug-related. DEA personnel are constantly looking for reasons to validate their own pointless existence. When you're a hammer, everything looks like a nail. I would be incredibly shocked, however, if that number were even remotely accurate.
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Banks are little more than fronts for criminal activity.
http://www.counterpunch.org/2013/01/04/big-banks-and-drug-mo...
Comparatively maybe less than .01% of all banking transactions involve illicit funds.
I had lunch with a DEA agent who claimed that 5-10% of all dollars transmitted by Western Union were the result of drug trafficking.
It's not shocking that a DEA agent thinks that 5%-10% of WU transactions are drug-related. DEA personnel are constantly looking for reasons to validate their own pointless existence. When you're a hammer, everything looks like a nail. I would be incredibly shocked, however, if that number were even remotely accurate.