WASHINGTON, March 16 -- The U.S. Department of Justice's U.S. Attorney's office for XXXXXX (insert district) issued the following press release:
DETROIT - On Friday, the Department of Justice unsealed a civil case aiming to forfeit over $14.9 million seized from an international drug money laundering scheme, United States Attorney Jerome F. Gorgon Jr. announced.
The lawsuit-originally filed in 2024-details the seizure of the funds and alleges a complex pattern of trade-based drug money laundering. Trade-based money laundering involves depositing U.S. cash drug proceeds into American bank accounts-using real or shell companies-which can then transfer the wealth to Colombia or elsewhere by delivering products or services that can be sold in...