Overview
Bloomberg quoted Ali Burney in an article titled "Hedge Funds Risk Biden-Era End to Money-Laundering Loophole." The article, published February 5, discusses an FBI assessment of anti-money laundering risk to private-equity and hedge funds.
"The risks highlighted in the FBI assessment are quite real," Burney says. "Investment vehicles always offer an attractive target, not only to launder funds but also as conduits for bribery and other schemes."
The full article can be read at Bloomberg.
