CBS 2 Chicago Staff, 27 April 2021
CHICAGO (CBS) — A man was sentenced to 14 years in prison Tuesday for having drug proceeds picked up in Chicago and laundering them through China to have them sent to drug traffickers in Mexico.
Prosecutors said Xianbing Gan schemed in 2018 to have about $534,206 in narcotics proceeds picked up in Chicago and then transferred to various bank accounts in China – with the money ultimately intended for the drug traffickers in Mexico.
Gan, 51, is a Chinese national who facilitated the transfers while living in Guadalajara, Mexico, prosecutors said. He was arrested in November 2018 at Los Angeles International Airport during a layover on a flight between Hong Kong and Mexico and has been in U.S. custody ever since.
Gan was convicted on three counts of money laundering, and one count of operating an unlicensed money transmitting business, by a federal jury last year. U.S. District Judge Thomas M. Durkin sentenced him on Tuesday.
