The man allegedly ran a remote IT company to exclusively hire North Korean actors. The Department of Justice (DOJ) arrested Nashville resident Matthew Isaac Knoot for allegedly facilitating…
Read MoreMoney Laundering
DOJ Alleges Mexican Cartel Used Chinese Underground Banking
The department engaged in a multi-year investigation with Mexico and China. The Department of Justice (DOJ) recently announced a 10-count indictment against 24 members of the Mexican Sinaloa…
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Justice Department Authorizes Distributions to Victims of Crypto Mismanagement
Binance violated the Bank Secrecy Act. The Department of Justice (DOJ) authorized an additional $940 million to be distributed to victims of financial mismanagement caused by the cryptocurrency…
Read MoreJustice Department Charges 5 Californians for Medicare Fraud
Fake hospices were opened to tap federal funding. The Department of Justice facilitated the arrest of five California residents charged with defrauding Medicare of more than $15 million…
Read MoreJustice Department Arrests Suspects in Cryptocurrency Money Laundering Case
Two Chinese nationals funneled $73 million through various shell companies The Department of Justice (DOJ) has unsealed an indictment charging two Chinese nationals of defrauding and laundering at…
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DOJ Charges American Brothers with Cryptocurrency Fraud
Former MIT students allegedly accessed $25 million from Ethereum transactions. Federal prosecutors arrested two brothers this past week, charging them with attempting to commit wire fraud and money…
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Secretary Yellen Optimistic Heading into World Bank Meetings
She says, “America’s economic strength will continue to underpin global growth.“ Secretary of the Treasury Janet Yellen began the International Monetary Fund and World Bank meetings with financial…
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Treasury Proposes System to Address Money Laundering in Real Estate
The department would track and flag suspicious home purchases. The U.S. Treasury Department proposed a new system that real estate agents can use to flag suspicious real estate…
Read MoreNearly a Dozen Plead Guilty for Migrant Smuggling
DOJ brought charges against 11 individuals in federal court. A Texas woman and ten other defendants have pled guilty in a human smuggling and money laundering case brought…
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Treasury Places Sanctions on MS-13 Gang Leaders
Drug trafficking, money laundering, and murder are some of the gang’s regular activities. The Treasury Department has imposed sanctions against two key members of the MS-13, an international…
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