Burner phones and banking apps: Meet the Chinese 'brokers' laundering Mexican drug money

GUADALAJARA -- Early next year, a Chinese businessman named Gan Xianbing will be sentenced in a Chicago courtroom for laundering just over US$530,000 in Mexican cartel drug money.

Chinese money brokers based in Mexico "have come to dominate international money laundering markets," U.S. prosecutors said in a Sept. 24 sentencing memorandum for Gan's case. Based in Guadalajara, the ring is believed to have worked with multiple syndicates, including the famed Sinaloa Cartel that was previously led by jailed Mexican drug lord Joaquin "El Chapo" Guzman, according to two U.S.-based sources familiar with the investigation.

"I can't emphasize this enough, the involvement of the Chinese has really complicated all of these schemes," the DEA official said. Pan Haiping, Gan's alleged associate, was detained earlier this year in Mexico on accusations of money laundering and is awaiting extradition to the United States, according to the two U.S. sources familiar with the investigation and a senior Mexican federal police source. Pan Haiping could not be reached for comment. The Mexican prosecutor's office declined to comment on Pan Haiping's case or provide the name of his legal counsel in Mexico, saying it cannot comment on ongoing cases.

The ministry said most Chinese bank-account holders about whom Washington has inquired as part of its money laundering investigations in recent years were "legitimate enterprises and individuals" in China. "After we asked the U.S. side to provide drug-related clues or evidence of enterprises and individuals, the U.S. side has not responded," China's Foreign Ministry said in the statement.

Following her arrest at New York's John F. Kennedy International Airport, Lim agreed to wear a recording device to help authorities gather evidence against Gan and the other alleged conspirators. She also brought undercover Homeland Security Investigations agents into the operation as money couriers on three separate cash pick-ups in Chicago that led to Gan's conviction, according to the trial testimony of Lim and the agents.

Lim's other job was recruiting businesses in the Chinese diaspora to help them make that cash disappear, Lim and prosecutors said.

Source: Financial Digest (financialdigest.net)

Yeah and they fetanyl and the virus

FFS! What is your obsession with America ?! Could this story not apply to Canada ? We all know it does! PierrePoilievre theJagmeetSingh GreatReset onpoli Ottawa VanRE Toronto MediaBias ezralevant TrudeauWorstPM CovidVaccine Election2020 fitness IDPD2020

If you legalize possession of small amounts of 'drugs' - law enforcement can focus on the dealers and folks like this. If you are trying to fight with addicts - you win.

The amount of opioid drugs coming out of China is minuscule when compared to the amount that is distributed by Big Pharma. British occupied Hong Kong & US controlled Taiwan were centers for the Colonial Global Drug Trade.

CTV..China's propaganda network

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