Logistics and shipping

Vessels, cargo, freight forwarding and routes. These articles follow the physical movement of goods and drugs, and the companies alleged to have carried them.

The Bank, the Car Lots and the Money That Came Back

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A civil forfeiture action in Manhattan traced at least $329 million in transfers from Lebanese exchange houses to American used-car dealers, linking car lots in Cotonou, the Lebanese Canadian Bank and cash couriers moving toward Beirut. The complaint, the bank’s sale, the escrow seizure and the $102 million settlement, and what each established.