Foreign Officials with Corruption Links Slipping Millions into U.S.

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Teodoro Nguema Obiang Mangue,  the son of Equatorial Guinea’s president, moved more than $110 million in suspect funds into U.S. accounts

Foreign officials with potential corruption links are exploiting weaknesses in federal anti-money-laundering safeguards to move millions of dollars into U.S. bank accounts and properties, according to a Senate report released Thursday.

 

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