Thursday, April 19, 2012

Toy company accused of laundering drug money

Woody Toys in City of Industry allegedly converted more than $1 million a year into pesos, ICE says. An attorney says the owners made an 'unknowing mistake.'

They were sellers of pastel-toned huggable plush toys with names like "Baby Frenz Forever" and "Jungle Pals." At the same time, authorities say, they were receiving bricks of U.S. dollars wrapped in cellophane that were drug proceeds to be laundered into clean pesos for drug lords in Mexico and Colombia.


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