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Weekly Roundup: Miami Refiner Allegedly Laundered for Cartels, Russian Front Companies Named in UK Lawsuit, and More
printA civil complaint to recoup $22 million seized by the London police last year revealed the previously undisclosed names of four derivatives firms accused of laundering $76 million through bogus trades and transferring illicit proceeds from the British Virgin Islands to Russia, Bloomberg reported. More U.S. prosecutors accused Juan Granda, the director of operations at Miami-based metals refinery NTR Metals, and two associates of helping South American drug traffickers launder illicit proceeds via billions of dollars-worth of illegal gold shipped from Amazon mines, the Miami Herald reported. More The Honduran government may have sought to pay off debt through a...
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