The Tanzania-based FBME Bank, which has been described as one of the most notorious money-laundering operations in the world, has lost its final fight for access to the US electronic money transfer system, effectively putting its Cyprus unit out of business after an October 24 ruling by the US District Court in Washington, DC.
Final Curtain for Cyprus Money-Launderer
Final Curtain for Cyprus Money-Launderer
Final Curtain for Cyprus Money-Launderer
The Tanzania-based FBME Bank, which has been described as one of the most notorious money-laundering operations in the world, has lost its final fight for access to the US electronic money transfer system, effectively putting its Cyprus unit out of business after an October 24 ruling by the US District Court in Washington, DC.