FinCEN Identifies and Warns of Increasing Use of Money Orders to Initiate Laundering

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Sunday, November 1, 1992
Pg. 434

In the current issue of its periodical publication TRENDS, the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) has identified and warned that drug money launderers are increasingly using money orders to repatriate large amounts of currency, partly as a means to more easily send out of the U.S. and convert dirty currency into money that can be moved and not easily traced…[more]