In recent coverage by The Hill, FACT program director for environmental crime Julia Yansura outlined linkages between the U.S. financial secrecy system and nature crimes like illegal mining in the Amazon region.
Read the Miami Herald’s coverage of FACT, the Anti-Corruption Data Collective, and Global Financial Integrity’s new report identifying 25 cases in which $2.6 billion in illicit funds were funneled into U.S. commercial real estate properties.
FACT’s Julia Yansura is quoted in leading Peruvian investigative journalism outfit Ojo Público’s new investigation into mining and money laundering enclaves in the Amazon. The seven-month long investigation documents the export of at least 3,089 tons of high-purity gold of unknown origin from five Andean-Amazon countries between 2014 and 2023.
In an op-ed for Bloomberg Law, FACT Policy Director Zorka Milin writes that the recent Alabama court ruling on the Corporate Transparency Act both misinterprets the law, and hobbles critical anti-money laundering efforts.
FACT executive director Ian Gary was quoted in the Wall Street Journal’s coverage of the recent Alabama court ruling.
“This is a pro-crime, pro-drug cartel, pro-fentanyl ruling which undermines the rule of law and allows criminals to use anonymous shell companies to hide their dirty money from law enforcement.”
Ian Gary was quoted in Compliance Week alongside TI-US Executive Director Gary Kalman praising Treasury’s proposed rule.
“By finalizing strong anti-money laundering safeguards for the multi-trillion dollar real estate sector,” said Kalman, “the Biden administration can live up to its commitments and catapult the United States from being a laggard to a leader in the global fight against corruption and illicit finance.”
