Trafficking and Money Laundering

Thursday, December 23, 2021
Trafficking and Money Laundering

Trafficking and Money Laundering

Criminal organizations and terrorist groups use money laundering to carry out their crimes, including human trafficking or trafficking of other goods like illegal drugs and wildlife. In 2021, Treasury's Financial Crimes Enforcement Network (FinCEN) cited these illegal financial activities as a national priority for federal anti-money laundering efforts. We’ll find out more about this issue and FinCEN’s efforts from GAO’s Michael Clements.