April 23, 2021

North Korean man extradited to US was involved in far more than luxury liquor

Court records suggest that the man is affiliated with North Korea’s intelligence agency and gave a loan to a DPRK bank

The first North Korean citizen to be extradited to the United States is accused of laundering hundreds of thousands of dollars per week, according to recently unsealed documents from a federal district court.

Earlier this week, the U.S. Department of Justice said that Mun Chol Myong laundered money to help his home country source sanctioned luxury items, but the new indictment documents also show that Mun was tending to the daily financial needs of other North Korean companies using illegal methods.