Mexico and the United States will create a joint trade intelligence organization to collect and analyze data on the movement of goods between the two countries as part of an effort to stem money laundering and fraud.
The compliance department of a Dallas-based precious metals firm was duped by its own sales executives and a Peruvian smuggler into importing hundreds of millions of dollars of illegally mined gold, according to court records published last week.
A Dallas-based precious metals refiner at the center of a $1 billion money-laundering conspiracy took virtually no steps to determine the origin of hundreds of millions of dollars of Latin American gold imports from 2012 to 2016.