B.C.C.I.: The Ones That Got Away: The Ones That Got Away

The Ones That Got Away

Talk about missing an opportunity. Almost three years before the collapse of the corrupt Bank of Credit & Commerce International, the Justice Department failed to pursue evidence that the institution was involved in a whole network of nefarious activities. That was the Senate testimony last week of Robert Mazur, a federal undercover agent who said prosecutors ignored "hundreds of leads" and failed to exploit 100,000 documents seized in a 1988 money- laundering crackdown on B.C.C.I.'s Florida branch. The investigation, in which five B.C.C.I. officers were arrested at a phony "bachelor party" for Mazur, led to prison sentences for the executives and...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!