DOJ

The U.S. Justice Department is increasingly targeting corrupt Mexican money brokers in an attempt to disrupt the financial networks used to launder cartel drug proceeds via cryptocurrency and other means, the Associated Press reported.

Convicted sex offender Jeffrey Epstein made an early investment into Coinbase Global Inc. in 2014, putting roughly $3 million into the crypto exchange, according to emails released by the U.S. Department of Justice and reviewed by Decrypt.

The U.S. Justice Department’s latest release of documents on its investigation of Jeffrey Epstein includes the personally identifiable information of dozens of sex-trafficking victims, according to new analysis by The Wall Street Journal. 

A recent guilty plea by a former TD Bank teller who helped move millions in suspicious funds through the U.S. banking system is an illustration of how easily things can go wrong when frontline staff face few internal anti-money laundering (AML) controls, according to a new report by the American Banker. 

A Texas sheriff who is the brother of U.S. Representative Henry Cuellar is facing federal fraud charges following allegations that he ran a fraudulent business using public funds and staff during the Covid-19 pandemic, The Texas Tribune reported. 

The U.S. Department of Justice has closed its anti-money laundering (AML) investigation into Swedbank AG without bringing an enforcement action, according to the Swiss lender. 

A former TD Bank employee pleaded guilty to conspiring to launder monetary instruments after prosecutors said he used his position to help a money-laundering network move hundreds of millions of dollars through the institution. 

Amid all of the spectacle that has come with the U.S. capture of Venezuelan President Nicolás Maduro, federal prosecutors have quietly amended a key claim they leveled against the South American leader last year. They no longer assert that the drug-trafficking organization he allegedly led—“Cartel de los Soles”—really exists. 

Donald Trump’s return to the presidency has marked a stark shift in white-collar crime enforcement, with federal prosecutors and investigators stepping back from complex foreign-bribery, money-laundering, and corruption cases, The Wall Street Journal reported. 

A group of former Chinese American employees has filed a class-action lawsuit against Toronto-Dominion Bank in the United States, alleging they were unjustly fired after being linked to a major money laundering scandal involving Chinese money brokers and Mexican drug cartels, the Financial Post reported.