Earnings in the illicit drug trade are variable. Few people will make the kind of money that once put the Mexican former cartel boss Joaquín "El Chapo" Guzmán on the Forbes list of global billionaires ...

Ah, compliance. To onlookers it so often feels like such a boring, pointless and pedantic department. That is, until things go wrong. For a long time it felt like issues such as breaches of anti-money ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. Drug cartels are exploiting a new tool for laundering money—remittances. Lax ...

What is crypto money laundering? Crypto money laundering involves concealing illegally obtained funds by funneling them through cryptocurrency transactions to obscure their origin. Criminals may ...

Attorney General Merrick Garland speaks during a news conference to announce that TD Bank will pay an approximately $3 billion settlement after authorities say the financial institution's lax ...

MONEY LAUNDERING HELPS ILLICIT ORGANIZATIONS by lowering their cost of capital, giving them a competitive advantage over legitimate businesses. NEITHER GOVERNMENT OFFICIALS NOR THE BUSINESS community ...

For sophisticated criminals, high-end artworks are more than just pretty pictures. Latin American cartels, a major Hezbollah financier and powerful Russian oligarchs have all exploited the luxury art ...

This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Ryan Knutson: Law enforcement officials were investigating a Mexican drug cartel.

Federal prosecutors expanded their probe into Jeffrey Epstein’s sex crimes in 2007 to include potential charges of money laundering, an effort that included an outreach to one of his most important ...

Mark Berry received funding from the Dawes Trust for a prestigious PhD scholarship to undertake work that informs the contents of this article. R.V. Gundur received funding from the Economic and ...