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As the most reliable and balanced news aggregation service on the internet, DML News offers the following information published by APNEWS.COM:

MIAMI (AP) — A U.S. federal narcotics agent known for his expensive tastes and high-profile drug seizures has been implicated in a multimillion-dollar money-laundering conspiracy that involved the very cartel criminals he was charged with fighting in Colombia.

A once standout Drug Enforcement Administration agent, Jose Irizarry is accused of conspiring with a longtime DEA informant to launder more than $7 million in illicit drug proceeds, sometimes using an underground network known as the black-market peso exchange, according to five current and former law enforcement officials.

The article goes on to state the following:

The officials described the case as one of the biggest black eyes in the history of the DEA, an agency that has seen repeated scandals in recent years, and one they fear could have compromised undercover operations in the U.S. and South America.

The conspiracy not only allegedly enriched Irizarry but is believed to have benefited one of South America’s top money launderers, who is a relative of Irizarry’s Colombian wife, said the officials, who spoke to The Associated Press on the condition of anonymity because they were not authorized to discuss the federal investigation.

The allegations have sent shockwaves through the DEA and drawn new scrutiny to the agency’s Colombia field office, a critical outpost that has been steeped in turmoil in recent years.

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