Watchdog: DEA lacks oversight of money laundering operations

JOSHUA GOODMAN and JIM MUSTIAN Associated Press MIAMI (AP) — The U.S. Drug Enforcement Administration failed to effectively oversee and manage undercover money-laundering operations that move tens of millions of dollars of illegal drug proceeds each year through a network of government-approved fronts, according to a watchdog report. The inspector general's findings, contained in a report published Tuesday, add to concerns about the potential for fraud and abuse of the important crime-fighting tool that were laid bare in the recent indictment of a former star agent, Jose Irizarry, for allegedly conspiring with the same Colombian drug cartel he was tasked with fighting. While Irizarry's alleged crimes aren't mentioned in the report, criticism of the undercover operations he helped le