Is Eric Hovde Laundering Money for Mexican Drug Cartels?

North Carolina isn’t the only state where Republicans are fielding a very unusual candidate for Senate:

A shocking report this morning from Dan Bice of the Milwaukee Journal Sentinel revealed that Banco Azteca, a bank reportedly tied to the Mexican cartel, smuggled $26 million in cash across the U.S.-Mexico border to Eric Hovde’s bank in California.

As the Milwaukee Journal Sentinel detailed, Banco Azteca cut off by several other US banks over “risk and compliance concerns” following reports that the bank was involved in cartel activities. An executive at the bank was recently indicted by the federal government for attempting to bribe a member of Congress to get U.S. banks to do business with the bank again. Despite this, Eric Hovde’s bank flew $26 million from Mexico City to Irvine, California in December as part of a deal with Banco Azteca.

The shocking revelation comes as Hovde refuses to disclose the foreign banks and governments with which his bank does business worth millions of dollars. What else is Hovde hiding?

Well I’m sure he’s got some extreme rhetoric about the border and all the drugs those crazy immigrants are bringing!