Federal prosecutors on Thursday unsealed a 50-page indictment charging dozens of individuals who they accuse of illegally transferring more than $2.5 billion through …
Federal prosecutors on Thursday unsealed a 50-page indictment charging dozens of individuals who they accuse of illegally transferring more than $2.5 billion through the global financial system to North Korea’s foreign exchange bank since 2013 in an effort to skirt U. S. sanctions.
The grand jury indictment charged 28 North Koreans and five Chinese nationals with propping up “over 250 front companies” to launder payments that “transited through the United States,” after the Foreign Trade Bank had been sanctioned by the U.
