🚨 Federal Raids in Chicago Target Alleged $27.9 Billion Money Laundering Network

Federal authorities conducted coordinated enforcement actions across Chicago this week, leading to the arrest of a local judge as part of what officials describe as an expansive money laundering investigation. The operation was led jointly by the Federal Bureau of Investigation and U.S. Immigration and Customs Enforcement.

According to investigators, the probe centers on an alleged $27.9 billion laundering scheme that authorities say ranks among the largest ever uncovered in the United States. While detailed court filings remain sealed, officials indicated the network may have used layered financial transfers, shell entities, and international channels to obscure the origin and movement of funds.

The arrest of a sitting judge has intensified scrutiny surrounding the case, raising broader questions about oversight, accountability, and potential institutional vulnerabilities. Federal officials emphasized that the investigation is ongoing and that all individuals are presumed innocent unless proven guilty in court.

Authorities have characterized the matter as carrying significant national security implications, citing the scale of the alleged transactions and the possibility of cross-border financial links. Additional raids and document seizures were conducted at multiple locations throughout the city as agents continue reviewing digital and financial records.

While prosecutors have not disclosed the full scope of the alleged operation, they confirmed that the case has escalated to a high-level federal inquiry. Further details are expected as indictments proceed and investigators determine whether additional arrests will follow.