Money laundering

A collection of U.S. dollar banknotes
Money launderingMoving the moneyNetwork studyUnited States

What Happened to the Other Dollars?

A $200 million monthly estimate became one of the most durable numbers in accounts of…

General cargo being handled beside a ship and trucks at the port of Cotonou.
Logistics and shippingMoney launderingNetwork studyPanamaTrade and transport

Seven Hubs, One Blind Spot: Where the Cargo and the Money Part Company

An electronics invoice arrived from Miami. In Colón, Nidal Waked used it to draw on…

A collection of U.S. dollar banknotes
BrokerageMexicoMoney launderingNetwork studyUnited States

The New Competitors: Chinese Money Networks and the Lebanese Brokers

In January 2021, an American operative named Edgar Joel Martinez-Reyes slipped across the southern border…