DOJ Alleges Mexican Cartel Used Chinese Underground Banking

The department engaged in a multi-year investigation with Mexico and China.

The Department of Justice (DOJ) recently announced a 10-count indictment against 24 members of the Mexican Sinaloa Cartel, accusing the cartel members of laundering $50 million in drug-trafficking finances through Chinese underground banking. These indictments were unsealed after a “multi-year investigation,” which was conducted after the department collaborated extensively with the governments of China and Mexico.

“This [Drug Enforcement Administration] investigation uncovered a partnership between Sinaloa Cartel associates and a Chinese criminal syndicate operating in Los Angeles and China to launder drug money,” said Martin Estrada, U.S. attorney for the Central District of California. “Laundering drug money gives the Sinaloa Cartel the means to produce and import their deadly poison into the United States.”

As the Lord Leads, Pray with Us…

  • For Justice Department attorneys as they work to prosecute criminal syndicates for drug trafficking and money laundering.
  • For DOJ officials and federal law enforcement as they investigate and collaborate with foreign governments to stop international criminal organizations.

Sources: Reuters, BBC


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