On The Airwaves: “Mexican Bank Long Tied to the Mexican Drug Cartel Flew $26 Million in Cash Over the Border to Hovde’s Sunwest Bank”

MADISON, Wis. — In the past few days, Eric Hovde has come under criticism for doing business with a Mexican bank long reported to have ties to the cartel. 

As Dan Bice of the Milwaukee Journal Sentinel revealed last week, Banco Azteca, a Mexican bank with suspected ties to the cartel and cut off by other U.S. banks over “risk and compliance concerns,” flew $26 million in cash over the U.S-Mexico border directly to Eric Hovde’s bank in California. 

Here’s what Wisconsinites are watching about about Eric Hovde and his questionable business dealings: 

WQOW: “A Recent Report From the Milwaukee Journal Sentinel Regarding [Hovde’s] Bank Receiving Money From a Bank Connected With A Mexican Drug Cartel”

WXOW: “The Milwaukee Journal Sentinel reported that Banco Azteca, which they say has ties to the Mexican drug cartel, allegedly flew $26 million in cash over the border to your Sunwest Bank last December.”

WKBT: “Banco Azteca, long tied to the Mexican drug cartel, allegedly flew $26 million in cash over the border to Hovde’s Sunwest bank last December.” 

Telemundo: Democrats Criticize the Relationship Between Eric Hovde and Banco Azteca

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