45 h. ago US and UK Announce Sanctions Targeting Online Scams and Money Laundering

US and UK Announce Sanctions Targeting Online Scams and Money Laundering  PYMNTS.com

Events

4 d. ago Corrupt Bank Defended by Mexican President to Close After U.S. Treasury's Cartel Sanctions

A cartel-connected bank, once defended by Mexican President Claudia Sheinbaum, lost its license to operate in Mexico and is in the process of selling off its assets. The move comes just months after the U.S. Department of the Treasury sanctioned the bank and two other financial institutions for having laundered money for drug cartels and for helping move money to China to pay for fentanyl precursors. The post Corrupt Bank Defended by Mexican President to Close After U.S. Treasury’s Cartel Sanctions appeared first on Breitbart.

Politics

1 week ago Texas Border City Commissioner Facing Federal Money Laundering Charges

A city commissioner from the Texas border city of McAllen is facing federal money laundering and smuggling charges in connection with his used clothing business. As part of the operation, authorities also arrested his wife. Law enforcement agents carried out various raids at used clothing warehouses throughout the city, where agents with U.S. Immigration and Customs Enforcement also arrested several migrants. The post Texas Border City Commissioner Facing Federal Money Laundering Charges appeared first on Breitbart.

Politics

2 w. ago L.A. Fashion District Wholesaler and Executives Sentenced for Money Laundering and Avoiding Customs Duties and Taxes

L.A. Fashion District Wholesaler and Executives Sentenced for Money Laundering and Avoiding Customs Duties and Taxes  Department of Justice (.gov)

Economics

2 w. ago Newton psychologist to plead guilty to fraud, money laundering, allegedly fell victim to scam

The Newton psychologist allegedly invested $600,000 of his patient’s money overseas after falling victim to a confidence scam. The post Newton psychologist to plead guilty to fraud, money laundering, allegedly fell victim to scam appeared first on Boston.com.

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3 w. ago U.S. Treasury Cracks Down on Sinaloa Cartel’s Mayos Faction, Freezes Assets in Rosarito Drug Corridor

The U.S. Department of the Treasury singled out several key leaders and businesses tied to the Mayos faction of the Sinaloa Cartel, including a former mayor in the Mexican state of Baja California. The move targets accounts and money laundering operations, including hotels, restaurants, and bars in the popular beach destination of Rosarito, Baja California. The post U.S. Treasury Cracks Down on Sinaloa Cartel’s Mayos Faction, Freezes Assets in Rosarito Drug Corridor appeared first on Breitbart.

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