Justice Department Veteran to Become Director of Fincen

WASHINGTON — The Treasury Department announced Monday that it has tapped Jennifer Shasky Calvery as its new director of the Financial Crimes Enforcement Network.

Shasky Calvery, who will assume the role next month, currently runs the Justice Department's asset forfeiture and money laundering section, a job she has held since 2010. In that position, she oversees a 150-person staff and is responsible for the forfeiture of more than $1.5 billion of criminal assets.

Shasky Calvery has worked at Justice for the past 15 years, focusing much of her time on financial crime. She previously served as a prosecutor with the organized crime and racketeering section, dealing with both organized crime groups and money launderers who supported them.

Shasky Calvery will succeed Jim Freis, who served as the director of Fincen for the past five years. Freis was abruptly dismissed in May, but has stayed on the job while Treasury finds a successor.

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