ICE lacks automated technology to identify imports at high risk for money laundering, watchdog says

“U.S. Immigration and Customs Enforcement doesn’t have automated technology to identify imports at high risk for trade-based money laundering and lacks staffing needed to identify those schemes, an agency watchdog found.

Those technology and staffing issues mean imports related to trade-based money laundering schemes “will continue to go undetected, thus allowing transnational criminal organizations to finance activities, threatening U.S. national security,” the U.S. Department of Homeland Security’s inspector general found in a recent report…”

See the article here.

Source: ICE lacks automated technology to identify imports at high risk for money laundering, watchdog says. By Madison Alder, August 28, 2023. FedScoop.

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