HSBC and Wachovia were recently involved in the laundering of hundreds of billions of dollars for Mexico's biggest drug cartel (and pretty much every executive involved came out unscathed once it was revealed).

https://www.theguardian.com/commentisfree/2015/feb/15/hsbc-h...

I think you would surprise yourself with that comment. Illegal operations do indeed rely heavily on banks.

> Illegal operations do indeed rely heavily on banks.

https://www.reuters.com/article/us-hsbc-probe/hsbc-became-ba...

As an example for anyone not familiar with these types of stories.

When I bought drugs in high school, it was usually in cash. Sure, I concede multi-million dollar operations may have bank help, but I don't think you're thinking about the full picture.

Don't be so sure...