Skip to content

Financial Crime News Briefs

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

Day: June 24, 2024

Written by FinCrimeJune 24, 2024

Sinaloa drug cartel laundered millions through Chinese network in LA, prosecutors say

Reported by Matthew Ormseth With millions in cash piling up in the United States, the Sinaloa cartel needed to funnel proceeds from the sale of fentanyl, methamphetamine and cocaine back to Mexico. Federal prosecutors say a ring of Chinese nationals in the San Gabriel Valley offered a solution: marrying the Sinaloans’ glut of bulk cash […]

Create a free website or blog at WordPress.com.
  • Subscribe Subscribed
    Financial Crime News Briefs
    Join 43 other subscribers

    Have a WordPress.com account? Log in now.

  • Financial Crime News Briefs
    View site in Reader
    Manage subscriptionsSign upLog in
    Report this content
    Collapse this bar
Create your own website, free on WordPress.com.Create your own website.
Start free