Between 2013 and 2017, the Drug Enforcement Administration (DEA) investigated an international drug trafficking and money laundering organization along with its cartel clients that operate in multiple countries such as Panama, Mexico, Spain, Italy and the United States. Jesus Rodriguez-Jimenez… Read more >
AML, Italy, Mexico, Spain, United States
PEMEX, a Mexican owned oil company, introduced a new compliance requirement that requires oil suppliers and contractors to submit information on their current compliance programs. While some partner companies could face difficulties in complying with the new requirements and may have… Read more >
The US Attorney’s Office in San Diego has charged 40 people in connection to an international money laundering scheme dating back to 2015 involving millions of Mexican cartel drug money. Approximately $6 million in cash as well as large quantities… Read more >
For a number of years now, employees of Citigroup have been skeptical that the millions of dollars the bank was routing to Mexico were suspicious, however, the bank failed to forewarn regulators or look more closely at their monitoring system… Read more >
AML, Compliance, Country, Fines, Mexico