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Drug Trafficking
Border crisis: U.S. targets money launderers to track child smugglers
Border crisis: U.S. targets money launderers to track child smugglers

The increasingly costly and divisive border crisis is pushing federal investigators to crack down on money-laundering schemes they say are being used to smuggle thousands of Central American children into the United States. Agents from the Department of Homeland Security and the Treasury Department's Financial Crimes Enforcement Network, or FinCEN, are targeting suspicious patterns of deposits and withdrawals through "funnel accounts" held at U.S. banks, according to two federal law enforcement officials who were not authorized to speak publicly about the topic. Human-smuggling rings are using such bank transactions to fund their activities, officials said. In recent...

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