Banking giant Wachovia Corp. will pay $160 million to settle a federal investigation into laundering of illegal drug profits through Mexican exchange houses in the largest case of its kind ever brought against a U.S. bank, prosecutors said Wednesday. "This is historic," acting U.S. Attorney Jeffrey ...

Wachovia has agreed to pay US prosecutors 160 million dollars for its failure to stop drug money being laundered to Mexican affiliates, the DEA said Wednesday. The embattled bank admitted it failed to stop an estimated 110 million dollars from being sent from the US to Mexico by wire transfer that was used to buy cocaine-transporting aircraft. The Drug Enforcement ...

A Los Angeles physician who investigators call the second "most prolific provider" of prescription drugs in the country has been convicted of 13 felony counts. A Superior Court jury deliberated for two days before convicting 68-year-old Carlos Estiandan of unlawfully prescribing controlled substances Monday. The ...

A Northern California man arrested after park rangers allegedly spotted him waving a handgun at a national monument near the Oregon border will likely face more charges for threatening to kill federal agents and their families, authorities said Saturday. Micha Godfrey was arrested Thursday after park rangers at ...