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Weekly Roundup: Treasury Blacklists 28 Connected to Panamanian Drug Trafficker, Criminals Bet on Sports Gambling, and More
printOn Friday, the U.S. Treasury Department's Office of the Comptroller of the Currency disclosed an agreement requiring Baltimore, MD-based Hopkins Federal Savings Bank to ensure adequate Bank Secrecy Act employee training and better suspicious activity reporting. More The U.S. Treasury Department Wednesday blacklisted eight individuals and 20 entities connected to Jorge Fadlallah Cheaitelly, the alleged leader of a Panama-based drug trafficking and money laundering. More The department also designated three individuals and three entities on Thursday for their purported support and assistance of the Sinaloa cartel. More Criminals are laundering $140 million annually through bets placed on sporting events, Qatar-based...
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