$1,800,000,000 Funneled Through Fraudulent Bank Accounts in Massive Money Laundering Operation: Report

Authorities in Hong Kong say they’ve cracked a massive, global money laundering operation that used the traditional banking system to wash approximately $1.8 billion. Seven people are now under arrest, accused of running a “large-scale transnational syndicate” powered by shell companies with fraudulent bank accounts, reports the Associated Press. The group’s phony businesses claimed to be... source: https://dailyhodl.com/2024/02/23/1800000000-funneled-through-fraudulent-bank-accounts-in-massive-money-laundering-operation-report/