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Discussion » Questions » Current Events and News » Did you know that the Chinese are laundering Mexican cartel money in the U.S.?

Did you know that the Chinese are laundering Mexican cartel money in the U.S.?

This is eye-opening and something that could easily affect national security.  

"US prosecutors on Tuesday touted a major breakthrough in a crackdown against Chinese money laundering networks they say are working with Mexican drug cartels, announcing charges against 24 people for allegedly taking part in a scheme to launder more than $50 million in drugs.

It’s one of the biggest busts yet as federal agencies step up efforts to target the highest levels of Chinese money laundering rings that experts and officials tell CNN are the go-to partners for Mexico’s most dangerous drug cartels that traffic fentanyl, cocaine and methamphetamine into the US. 

Two “fugitives” named in the indictment unsealed in California have been arrested — one by the Chinese government and the other by the Mexican government, the Drug Enforcement Administration said. It’s a rare breakthrough for US law enforcement collaboration with China and Mexico, which have often bristled at US overtures to crack down on drug trafficking.

The criminal network allegedly includes an array of Chinese, Mexican and American men who allegedly worked as couriers, money brokers and traffickers in an elaborate scheme to pick up big amounts of cash from the sale of cocaine and methamphetamine in the Los Angeles area and launder the money for the Sinaloa Cartel. Ten thousand fake fentanyl pills were also seized in the operation, according to the DEA."

https://www.cnn.com/2024/06/18/politics/us-chinese-money-launderers-drug-cartels/index.html

Posted - August 4

Responses


  • 10731
    This is news to me. I never connected China to the opioid crisis, but a quick search showed me I should have. Looks like Biden is having some success in working with the Chinese on this in recent months. https://www.nbcnews.com/news/world/us-china-fentanyl-talks-opioids-drugs-epidemic-precursor-rcna135399

    I
    t seems like every day, there is something new to worry about. I was just learning about the number of migrants who fly into Canada, walk across the border, then take an Uber into NYC. 
      August 4, 2024 11:02 AM MDT
    1

  • 3466
    I was stunned when I saw this.  Clearly, it's been going on for some time and the amount of money involved is astronomical.  I don't understand why the government hasn't done something more about this before.  I just read that rat poison is being put into some illegal drugs which probably is the reason for the increase in deaths.  i have heard about the Canada/Uber issue.  
      August 4, 2024 11:50 AM MDT
    1