U.S. Treasury targets money-laundering network with Kingpin Act
Julie DiMauro
May 16, 2014
The U.S. Treasury named eight individuals and 20 entities Thursday connected to Jorge Fadlallah Cheaitelly as designated narcotics traffickers pursuant to the Foreign Narcotics Kingpin Designation Act (Kingpin Act).
The designated individuals are presumed to provide support to Cheaitelly, the leader of a Panama-based drug-trafficking and money-laundering organization that operates around the globe.… Continue Reading