August 5, 2016
South Carolina passed a law that aims to cut down on money laundering. It requires all money and wire transfers be tracked. Solicitor Jimmy Richardson told News13 people transferred hundreds of millions of dollars out of the state of South Carolina. He said that money all went to Mexico and blames that for part of the drug problem in Horry County.
From 2010 to 2015 arrests for heroin in Horry County doubled. Solicitor Jimmy Richardson says it’s a problem that’s gotten out of hand. Richardson said the law will not go into effect until next June. When that happens, the Attorney General’s office will be responsible for tracking money transfers.