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U.S. Seizes $31 Million from Eight Banks Linked to Alleged Peruvian Money Launderers
By Brian Monroe
printU.S. investigators Wednesday disclosed the seizure of $31 million from seven American banks as part of a probe into an alleged Peruvian money laundering network that exploited industrial firms and shell companies. The seizure by the Manhattan U.S. Attorney's Office targeted businesses run by family members of Percyles Hermenegildo Sanchez-Peredes and Segundo Simon Sanchez-Paredes, two drug traffickers assassinated in the late 1980s and early 1990s. Sons and siblings of the brothers commingled tens of millions of dollars in drug proceeds with the revenue from two Peru-based mining companies and other businesses, prosecutors allege. The laundered money remained in accounts at...
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