The Nation - News from Nov. 18, 1986

In the first successful case of its kind, a Colombian citizen convicted of laundering money has agreed to pay the U.S. government $4 million from a Swiss bank account to satisfy his tax liabilities, the Justice Department announced. Carlos Ernesto Armenta LaFaurie, now of Coral Gables, Fla., agreed to make the payments after the Justice Department’s tax division sued him to collect the funds from his $13-million Swiss bank account.