View full page at metalsmine.com

 

U.S. will not prosecute Miami gold refinery after money laundering probe

From reuters.com

The U.S. Attorney’s Office said it has agreed not to prosecute one of the country’s biggest gold refineries, Republic Metals Corporation (RMC), after an investigation into possible money laundering. The probe is part of a broader crackdown by U.S. authorities on imports of gold from South American countries such as Colombia and Peru that is illegally mined or used to launder drug money. Investigators in 2018 charged here another U.S. refiner, Elemetal, with buying billions of dollars' worth of illegal gold from South America. Several of its employees received jail terms. The U.S. Attorney’s Office in the Southern ... (full story)

Story Stats

  • Posted:
  • Category: Entertainment News