Three former federal attorneys, including one who served as a top-ranking Justice Department official, were indicted Monday in Miami along with 56 others as part of a broad racketeering case against the Colombia-based Cali cartel, a group charged with running a $2-billion cocaine distribution enterprise since 1983.
For the first time since 1986, when the U.S. started passingjudgment on the counternarcotics efforts of 29 major drug-producingand drug-transit countries, Colombia this year received a failinggrade.
Evidence of money laundering at the collapsed Surfside, Florida condo complex wsws.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wsws.org Daily Mail and Mail on Sunday newspapers.
The United Nations Office on Drugs and Crime reckons that somewhere between $800 billion and $2 trillion goes through the money laundering rinse cycle every year. AlexSava/Getty Images
As of September 2018, Paul Manafort, who served at one time as President Trump s campaign chairman, has been found guilty on eight counts of tax and bank fraud. In a separate trial, he will be prosecuted for money laundering. The money laundering charges have to do with a scheme that follows a tried and true method for rinsing the dirt off your treasure. Manafort is alleged to have garnered millions from the former Ukrainian President Viktor Yanukovych. Rather than declare these earnings to the IRS and turn over the taxes due, Manafort is said to have placed them in offshore accounts and then used them to buy expensive real estate in the U.S.