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FBI Deploys Specialized Unit against Professional Money Launderers
printFederal cases against attorneys, accountants and other professionals suspected of washing illicit proceeds have risen by roughly 30 percent in the year since the FBI began actively targeting third-party facilitators, according to Jim Barnacle, head of the bureau's money laundering unit. Fueled by additional staff and resources, the unit during that time has successfully mapped out several professional money-laundering networks operating throughout the United States, learned more about how those networks interact with cash smugglers, and identified digital currencies and other platforms they now employ. The bureau has also relied on more frequent collaborations with financial institutions and the intelligence...
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