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The Independent UK
The Independent UK
National
Fatima Hussein

The Treasury Department wants US banks to monitor for suspected Chinese money laundering networks

US Pandemic Aid Governments - (Copyright 2021 The Associated Press. All rights reserved.)

The Treasury Department wants U.S. financial institutions to monitor for suspected Chinese money laundering networks handling funds that are used to fuel the flood of fentanyl across American communities.

An advisory Thursday to banks, brokers and others highlights how such operations are working with Mexican drug cartels.

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