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Home > Agent Oversight And Monitoring > United States Files Complaint to Forfeit More Than $2.37 Million From Companies Accused of Laundering Funds to Benefit Sanctioned North Korean Entities
Jul28 - 20

United States Files Complaint to Forfeit More Than $2.37 Million From Companies Accused of Laundering Funds to Benefit Sanctioned North Korean Entities

WASHINGTON – The United States has filed a complaint to forfeit $2,372,793 associated with four companies, announced the Acting U.S. Attorney for the District of Columbia Michael R. Sherwin, Emmerson Buie, Jr., Special Agent in Charge of the FBI Chicago Field Office, and Steven Cagen, Special Agent in Charge of the HSI Denver Field Office.

The complaint alleges that the four companies laundered United States dollars on behalf of sanctioned North Korean banks. According to the complaint, the North Korean banks used these laundered funds as part of a scheme to procure goods for the North Korean regime, as well as to illegally access the U.S. financial market. Read the complete article HERE.

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