Money Laundering Activities - Chinese money launderers moved approximately $312 billion in illicit transactions through U S banks and financial institutions [1] - The illicit funds were used to aid Mexican drug cartels and other criminals [1] Regulatory Oversight - The Treasury Department reported the illicit transactions [1]

Chinese money launderers appear to have moved some $312 billion in illicit transactions through U.S. banks and other financial institutions in recent years to aid Mexican drug cartels and other criminals, the Treasury Department said https://t.co/iyl0xkU09x ...