More Than 150 Individuals and Companies Have Been Sanctioned by U.S. for Money Laundering This Year

The US Treasury building in Washington, DC (Credit: Latin Times)

So far this year, more than 150 individuals and companies have been designated by the United States for supporting drug trafficking organizations through money laundering.

Specifically, a total of 64 individuals and 87 companies were added this year by the U.S. government to a blacklist under which all their assets under U.S. jurisdiction are frozen, and U.S. individuals and companies are prohibited from conducting transactions with them.