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Financial Crime News Briefs

Snapshots of money laundering, insider trading, financial fraud, sanctions evasion, regulations, and AI technology developments for educational purposes only.

Day: October 8, 2022

Written by FinCrimeOctober 8, 2022

Top Money Launderer for the Sinaloa Cartel Sentenced to More than 15 Years in Prison

Reported by: Department of Justice, U.S. Attorney’s Office, Southern District of California Juan Manuel Alvarez-Inzunza, a high-level money launderer for the Sinaloa Cartel, was sentenced to 188 months in prison today for his role in a conspiracy to transfer millions of dollars in drug proceeds out of the United States. According to court records, starting […]

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