On 17 December, the Foundation for the Defense of Democracies reported that Paraguayan authorities have raided the offices of a dozen US-linked companies and their accountants tied to suspected Paraguayan drug kingpin and linked to the Tri-Border Area (TBA) of Argentina, Brazil, and Paraguay. It is said that this reflects the growing role of US import-export businesses in conducting suspicious transactions with their TBA counterparts. It is said that TBA trade-based money laundering schemes heavily rely on US-based companies, many of which are located in Florida. The raid and the evidence it may yield could offer important data to US investigators about the activities of major Latin American money launderers in the US.
Any modest contributions for my time and ongoing expenses are welcomed! I have a page where you can do so, and where one-off contributions start as low as $3, at https://www.buymea3coffee.com/KoIvM842y