Analysis and Commentary on Money Laundering, Terrorist Financing and Financial Crime
Monday, January 23, 2017
BULK CASH SMUGGLING IS ALIVE & WELL IN NY/NJ: HALF A MILLION SEIZED ON GWB
Who says money launderers operating in the United States have abandoned bulk cash smuggling as their preferred means of transport ? The Port Authority Police Department this week stopped a white SUV for a traffic infraction, on the New Jersey side of the George Washington Bridge., and seized $498,800 in cash from the vehicle. The driver, who was listed as being from Philadelphia, has been charged with Money Laundering.