Kenneth Rijock

Kenneth Rijock

Friday, May 29, 2020

NORTH KOREAN BANKERS WHO MOVED MONEY TO EVADE SANCTIONS CHARGED WITH MONEY LAUNDERING

DPRK Financial Intellignce Unit


Twenty-six North Korean bankers, who moved $2.5bn, in violation of US and international sanctions, using front companies and undercover bank branches abroad, have been charged in US District Court in the District of Columbia in a 50-page indictment recently unsealed.

The charges:
1. Money Laundering
2. Continuing Financial Crimes Enterprise
3. Money Laundering Consipracy
4.  WMD violations
5.  DPRK Sanctions Violations
6. Bank Fraud
7. Conspiracy
8. IEEP Act  Violations
9. Intl. Money Laundering

The covert branches were located in Russia, China, Libya, Kuwait, Austria, and Thailand.


Here are the names of the defendants:






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