U.S. Blacklists Mexican Casinos, Businesses Said to Launder Cartel Cash
The U.S. Treasury Department on Tuesday imposed sanctions on six people and businesses it said were tied to a money laundering and cash-smuggling network operated by Cartel del Noreste, a Mexican drug trafficking group active near the U.S.-Mexico border.
China Arrests Ex-Chair of Cambodia’s Scam-Linked Huione Group
Chinese authorities have arrested the former chairman of Cambodia’s Huione Group, a financial conglomerate identified as a central player in a global money-laundering network, in the latest escalation of Beijing’s campaign against transnational organized crime in Southeast Asia, The New York Times said. Li Xiong, a Chinese national and former chairman of Huione Group, was […]