Independent thinking for complex markets and current events
NEW YORK (AP) — A former high-level agent with the U.S. Drug Enforcement Administration and an associate have been charged with conspiring to launder millions of dollars and obtain military-grade firearms and explosives for a Mexican drug cartel, according to an indictment unsealed Friday in New York. Paul Campo, 61, of Oakton, Virginia, who retired …
TLDR: TD Bank faces a $3 billion fine for enabling $168M laundering by drug cartels. Systemic DEI culture undermined fraud monitoring and enforcement. Employees flagged suspicious $375K and $290K deposits; leadership ignored warnings. Executive tied to DEI leadership neglected reports detailing laundering activities. Bank prioritized diversity awards over essential responsibilities. DOJ’s response mandates DEI in …
via breitbart: The Biden family opened more than 20 shell companies to hide payments and launder money, House Oversight Committee Chair James Comer (R-KY) said Sunday. After reviewing Suspicious Activity Reports (SARs) at the Treasury and subpoenaing banks and individuals, Comer posted on Twitter that the Biden family created more than 20 entities to accept, forward, and …
