U.S. federal officials will soon resurrect an investigative unit targeting money launderers following a decision to shut down its predecessor two years ago in response to a budgetary sequester. As part of the Criminal Investigative Division of the FBI, the Money Laundering Unit will focus on professional abettors, including corrupt accountants, investment brokers, bankers, formation agents, real estate holding companies and attorneys, according to Financial Crimes Section chief Patrick Fallon. "The FBI has always worked money laundering with our healthcare fraud cases, with our public corruption cases, with our organized crime and cases, but our approach in the coming year...
Growing U.S. efforts to hold corporations accountable for bribery and other forms of financial misconduct are likely to result in an uptick in punitive actions against businesses, say three FBI agents.
Federal officials intend to investigate whether financial institutions knowingly laundered bribe payments for several indicted leaders of the world's top soccer organization, FBI Director James Comey said Wednesday.
U.S. investigators are increasingly querying the nation's database of bank secrecy information for suspicious activity reports that include mentions of unusual Internet Protocol addresses, a federal official recently told bankers.