Leak reveals possible $2 trillion in US money laundering, including $300 million tied to Manafort

[Wrong about 2024 Ghost]

Leak reveals $2tn of possibly corrupt US financial activity

Thousands of documents detailing $2 trillion (£1.55tn) of potentially corrupt transactions that were washed through the US financial system have been leaked to an international group of investigative journalists.

The leak focuses on more than 2,000 suspicious activity reports (SARs) filed with the US government’s Financial Crimes Enforcement Network (FinCEN).

One of those named in the SARs is Paul Manafort, a political strategist who led Donald Trump’s 2016 presidential election campaign for several months.

According to the ICIJ, banks began flagging activity linked to Manafort as suspicious beginning in 2012. In 2017 JP Morgan Chase filed a report on wire transfers worth over $300m involving shell companies in Cyprus that had done business with Manafort.

[Sir Mohamed]

I have low expectations for the Barr DOJ to get to the bottom of this. But even before, financial crimes were not properly investigated and prosecuted. Too many bankers and corrupt CEO that were responsible for the 2008 crash get away without facing prison time.

And Mr. Manafort was always a corrupt dude to the core. Hopefully he can be charged after Mr. Trump is removed from power.

[pbrower2a]

Barr's successor will have this as a very high priority. What is the money laundered? The proceeds of drug trafficking?