Earlier this year, Grits argued in a
post both lauded and criticized that money laundering of drug profits artificially boosted Texas' economy by propping up seemingly legitimate front businesses, contributing to the so-called Texas economic "miracle." The Texas Tribune's Julian Aguilar has an excellent
feature describing one such company - a Laredo-based
perfumeria, of all things - exemplifying that dynamic.
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Photo by the Texas Tribune's Jennifer Whitney |
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