In Asia

Beyond Banco Delta Asia: North Korea’s Continued Money Laundering Through China by Jende Huang

Though Macau’s Banco Delta Asia may be the most well known example of North Korean money laundering, the bank is hardly the only illicit conduit used by the North Koreans. In March 2013, the US Treasury Department sanctioned North Korea’s Foreign Trade Bank for their missile and nuclear proliferation activities.  Though the Treasury Department’s release … Continue reading »