教授，博士生導(dǎo)師。復(fù)旦大學(xué)中國反洗錢研究中心首任主任，復(fù)旦大學(xué)俄...
復(fù)旦大學(xué)國際金融學(xué)院教授，中國反洗錢研究中心執(zhí)行主任，陸家嘴金...
復(fù)旦大學(xué)法學(xué)院教授、博士生導(dǎo)師；復(fù)旦大學(xué)國際刑法研究中心主任。...
華東政法大學(xué)刑法學(xué)教授，復(fù)旦大學(xué)中國反洗錢研究中心特聘研究員，荷...
安永金融服務(wù)風(fēng)險管理、咨詢總監(jiān)，曾任螞蟻金服反洗錢總監(jiān)，復(fù)旦大學(xué)...
周錦賢先生，香港人，廣州暨南大學(xué)法律學(xué)士，復(fù)旦大學(xué)中國反洗錢研究中...
高級經(jīng)濟師，復(fù)旦大學(xué)金融學(xué)博士，復(fù)旦大學(xué)經(jīng)濟學(xué)博士后。現(xiàn)供職于中...
武漢中南財經(jīng)政法大學(xué)信息安全學(xué)院教授。長期專注于反洗錢/反恐...
生辰：1977.7.26 籍貫：遼寧撫順 民族：漢 黨派：九三學(xué)社 職稱：教授 研究...
祝亞雄，1974年生，浙江衢州人。浙江師范大學(xué)經(jīng)濟與管理學(xué)院副教授，博...
復(fù)旦大學(xué)中國反洗錢研究中心特聘研究員；現(xiàn)任安永管理咨詢服務(wù)合伙...
工作履歷：曾在國家審計署從事審計工作，是國家第一批政府審計師；曾在...
https://www.pymnts.com/aml/2024/dea-drug-traffickers-found-citi-favorable-for-money-laundering/
Federal investigators say drug traffickers laundered money through Citigroup, believing it had looser fraud measures.
As the Financial Times (FT) reported Monday (July 1), a newly unsealed indictment alleges that a pair of California residents — accused of working with the Sinaloa drug cartel — deposited tens of thousands of dollars in cash with Citi ATMs without being flagged for money laundering.
The two men allegedly pumped nearly $36,000 in drug proceeds into the ATM, splitting the money into smaller deposits to avoid the $10,000 transaction threshold at which banks must report to the U.S. Treasury.
Officials from the Drug Enforcement Administration (DEA) told the FT that the accused launderers — allegedly part of a larger network that cleaned at least $50 million from the sale of methamphetamine and fentanyl — looked at several banks for money laundering before deciding on Citi.
“There are banks that pay less attention than others,” said one senior official.
“There were two instances where in this investigation we had money couriers making 24 back-to-back deposits totaling $16,000 to a Citibank ATM,” another official told the FT. “There were 15 back-to-back deposits totaling $20,000 also to a Citibank ATM?… They figure out the places that are more favorable to them.”
A spokesperson for Citi told PYMNTS that Bank Secrecy Act requirements prevent the company from commenting directly on the allegations in the FT report, while offering this statement:
“Citi has robust anti-money laundering policies and practices that are designed to detect and report suspected money laundering activity to the government as required by law. When we find evidence of such activity, we notify the authorities as required and fully cooperate with any investigation through appropriate legal processes.”
The news comes as regulators around the world are cracking down on lax money laundering controls in the banking sector.
For example, Switzerland’s financial market supervisory authority FINMA ruled last month that HSBC Private Bank (Suisse) SA violated money laundering regulations.
“HSBC Private Bank (Suisse) SA operated two high-risk business relationships where it failed to carry out an adequate check of either the origins, purpose or background of the assets involved,” FINMA said in a news release. “In addition, a number of high-risk transactions were insufficiently clarified and documented, making it impossible to establish the legitimate nature of these transactions.”
HSBC told PYMNTS it planned to appeal the decision, and said it takes its AML obligations seriously, “including complying with all laws and regulations in every market we operate in.”
Also in June, The Monetary Authority of Singapore (MAS), released its Money Laundering National Risk Assessment, which argued that banks posed the greatest money laundering risk to the country.
“The role of banks in facilitating transactions in the financial system, and their wide networks through which cross-border transactions can be conducted, make banks a common channel which criminals exploit,” the report said.