Diaz Reus Adds Legal Staff in Miami and Madrid Offices

MIAMI, July 21, 2015 –Diaz Reus & Targ LLP expands its Miami headquarters and Madrid, Spain, legal team with the addition of three attorneys, strengthening its international practice capabilities in business transaction, immigration, litigation, and sports and entertainment. Horacio Rodriguez joins the firm’s Madrid office as a partner, while Florida Bar Board Certified Immigration Specialist…

Federal Law Enforcement in Miami Showdown With Trade-Based Money Launderers

By Robert Targ The business district that surrounds Miami International Airport (MIA) in Miami, Florida is host to hundreds of legitimate businesses in the electronics and cellular phone export trade. But now, following numerous local investigations, they are also part of some 700 Miami-based businesses involved in a U.S. Department of Treasury, Financial Crimes Enforcement…

15th FIBA Annual Anti-Money Laundering Compliance Conference in Miami

Diaz Reus Partner, Robert I. Targ, to address latest developments in trade based money laundering at the 15th FIBA Annual Anti-Money Laundering Compliance Conference in Miami, March 4-5, 2015 at the Hyatt Regency Miami. In September 2014, when Homeland Security Investigations (HSI) announced it had uncovered the laundering of massive amounts of narcotics proceeds through…

Q&A: Should Mexico Impose New Regulations on ‘Sofipos’?

Q: Mexico’s financial regulator, CNBV, is considering new rules for popular financial societies, or Sofipos, following the government’s seizure of Ficrea SA, whose collapse amid an alleged fraud led to losses for some 6,000 savers. New regulations could include changes to asset concentration limits, CNBV’s vice president said earlier this month. Do consumers face increased…

Money Laundering in Latin America Continues to Grow

Latin America: Money Laundering Grows Growing crime and weak enforcement boost money laundering in Latin America. By Joachim Bamrud First published Latinvex. November 24, 2014 Reprinted with permission. Money laundering is growing in Latin America despite growing enforcement by both US and Latin American authorities, experts say. “Money laundering has grown and will continue to…