Man Pleads Guilty in $1 billion Scheme to Dodge Money Laundering Rules in new York
A man described as an “experienced anti-money laundering specialist” pleaded guilty on Wednesday to illegally funneling more than $1 billion in lucrative, high-risk transactions through small financial institutions, the U.S. The massive transfer, which included hundreds of millions of dollars from foreign jurisdictions, occurred without proper oversight and without any Suspicious Activity Reports being filed, as the law requires, the […]
