US Banks ‘Prime Candidate for Exploitation’ by Money Launderers

pymnts.com/news/security-and-risk/2025/united-states-banks-prime-candidate-exploitation-money-launderers

Banks in the United States are increasingly finding themselves ensnared in cartel-connected money laundering operations.
Underground banking networks are working with drug cartels to deposit cash from drug sales at bank branches and ATMs, The Wall Street Journal reported Thursday (May…

This story appeared on pymnts.com, 2025-05-15 14:09:31.
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