Through advocacy, research and capacity building, FACT seeks to close anti money laundering loopholes that allow the proceeds of environmental crime to be laundered into the U.S. financial system.
A new report details 25 confirmed or alleged cases of money laundering through U.S. commercial real estate, and a pair of Congressional hearings draw attention to key Treasury actions on international tax reform and beneficial ownership transparency.
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.
Read FACT government affairs director Erica Hanichak’s testimony before the Senate Drug Caucus, which highlights the importance of beneficial ownership transparency toward detecting and dismantling drug trafficking networks.
