These scams are sophisticated in nature, predatory and growing. And let's be clear, these are not isolated, bad actors. These schemes are tied to transnational criminal organizations, including drug cartels and terrorist networks that exploit weaknesses in our financial system and move to hide illicit funds. (00:51–01:06)
CLAIM
Asserts that fraud schemes are linked to transnational criminal organizations, including drug cartels and terrorist networks.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
