Reported by GORDON G. CHANG (Excerpt shared below. To read full report, go to: https://thehill.com/opinion/international/5519522-china-money-laundering-fentanyl/amp/) At the conclusion of talks this month, Treasury Secretary Scott Bessent called money laundering “the result of fentanyl sales,” and said “both the People’s Republic of China’s government and the U.S. government and citizens are hurt” by it.  “We discussed ways we […]

Reported by Eurojust (Excerpt shared below. To read full report, go to: https://www.eurojust.europa.eu/news/criminal-networks-dismantled-drug-trafficking-and-money-laundering-trade-gold-bars) A joint French–Italian investigation team has dismantled two linked organised crime groups (OCGs) involved in trafficking illicit drugs and large-scale money laundering. One of the networks laundered money for the other OCG and other criminals through an elaborate gold trading system.  In […]