US authorities “bungled” prosecution of Waked’s TBML operations for drug cartels
The US authorities have been criticised in an article published by InsightCrime for their “bungled” and apparently lenient approach to the massive trade-based money laundering (TBML) operations of Nidal Waked.
A prominent Panamanian businessman, Waked worked alongside several relatives supporting the financial operations of major Mexican and Colombian drug cartels by providing TBML as a service (Trade-based Financial Crime, 9 May 2016 and 10 February 2017).
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