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  • U.S. indicts 39 in global money laundering case

    09/20/2007 8:42:34 PM PDT · by mdittmar · 8 replies · 286+ views
    reuters ^ | Sep 20, 2007 | JoAnne Allen
    A federal grand jury in Baltimore has indicted 39 people in an international money laundering scheme using an informal currency transfer system known as hawala, the U.S. Justice Department said on Thursday. The defendants and one business face charges including money laundering, conspiracy to bribe a public official and operating unlicensed money transmitting businesses, U.S. Attorney Rod Rosenstein said in a statement. The indictments seek the forfeiture of more than $5 million and ownership interest in two Maryland convenience stores. Five other people were charged with bribery and one other with money laundering in the scheme, the Justice Department said....