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News Wire / economy

Chicago Man Pleads Guilty In Money Laundering Scheme

GDELT Chicago 40d40d Impact 5
A founder of a Chicago-based cryptocurrency company has been indicted in connection with a $10 million money laundering conspiracy. The scheme involved moving approximately $3 million in illegal drug proceeds from Chicago to Mexico and China. The source did not specify the man's name.

Topics

money laundering cryptocurrency

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Sources · 7 independent

GDELT

“Chicago Cryptocurrency Company Founder Indicted In $10 Million Money Laundering Conspiracy”

WGN Radio 720

“A Chicago man's pleaded guilty in federal court to helping a money laundering ring move around $3 million in illegal drug proceeds from Chicago Mexico through China.”

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