UK, US clamp down on money laundering rings allegedly favored by Russian oligarchs and Western drug gangs
By Sean Lyngaas, CNN (CNN) — UK and US authorities on Wednesday announced a major crackdown on a pair of billion-dollar money laundering rings that officials say has cleaned money for Russia’s elite, cybercriminals and drug-runners around the world. The US Treasury Department sanctioned alleged senior members of one of the money-laundering rings, while the
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