North Korea

U.S. Brings Charges Against North Korean Bank Officials

By Elliot Setzer
Thursday, May 28, 2020, 3:06 PM

In a federal indictment unsealed Thursday, May 28, the Justice Department has charged 28 North Korean and 5 Chinese citizens with acting as agents of North Korea’s Foreign Trade Bank and facilitating over $2.5 billion in illegal payments for the country’s nuclear weapons program. Working for the Foreign Trade Bank, the agents allegedly established more than 250 front companies to mask payments which transited through the U.S. financial system.

You can read the indictment here and below: