Compliance & Anti-Financial Crime
Leadership | Insight | Network

Analysis, Financial Crime, North America

ANALYSIS: The criminals who laundered over $30M through one of the most sophisticated networks in years

By Dan Byrne for AMLi

The US Department of Justice has hailed the successful completion of a “complex, multi-year investigation,” which has shut down an intricate laundering ring worth over $30M.

The Department praised the “dogged determination,” of staff from the country’s drug enforcement administration and federal law enforcement to track the criminal proceeds and ultimately achieve guilty pleas from scheme’s masterminds, as well as jail time for accomplices.

AML Intelligence
Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!