Treasury Probing Financial Service Businesses on Border over Cartel Ties

Treasury Targets Money Services Businesses in Crackdown on Cartel Money Flows

The Treasury Department has announced a wide-scale enforcement operation targeting more than 100 money services businesses operating along the U.S.–Mexico border, as part of the Trump administration’s campaign to disrupt cartel money laundering through America’s financial system. The operation, announced on Dec. 22 by the Treasury Department’s Financial Crimes Enforcement Network (FinCEN), focuses on examining money services businesses, or MSBs,…

Secretary Bessent Announces Treasury Operation on Southern Border to Target Money Laundering

This is very interesting.  Treasury Secretary Scott Bessent has announced [Press Release Here] an operation to target money service businesses on the southern border. The objective is to identify targeted financial transaction businesses who participate in money laundering for cartel and criminal activity. WASHINGTON— Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network […]

Scott Bessent Launches MASSIVE Federal Investigation Into Over 100 Money Service Businesses Operating Along the U.S. Border | The Gateway Pundit | by Jim Hᴏft

Treasury Secretary Scott Bessent has launched a massive, data-driven federal investigation targeting more than 100 money service businesses (MSBs) operating along the U.S.

Treasury Targets Money Services Businesses in Crackdown on Cartel Money Flows - The Thinking Conservative News

The Treasury Dept announced a sweeping crackdown on 100+ money services businesses along the U.S.–Mexico border to disrupt cartel money laundering. The post Treasury Targets Money Services Businesses in Crackdown on Cartel Money Flows appeared first on The Thinking Conservative News.

Treasury probing financial service businesses on border over cartel ties

The Treasury Department announced it is probing over 100 financial service businesses along the U.S.-Mexico border, over suspicions they are working with drug cartels. The department’s Financial Crimes Enforcement Network stated in a press release that the inquiry led to six notices of investigation, dozens of examination referrals to the IRS, and over 50 compliance outreach letters. The operation, concerning possible violations of the Bank Secr…

US probes money service businesses along Mexico border in fight against illegal immigration: Report

Treasury Department targets companies suspected of violating anti-money laundering laws; aiding drug traffickers, human smugglers - Anadolu Ajansı