Article: Chinese money-laundering rings in Chicago, New York cleaning Mexican drug cartel cash

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Chinese money-laundering rings in Chicago, New York cleaning Mexican drug cartel cash

Frank Main and Jon Seidel , 30 April 2021

A Chinese money-launderer was about to pick up Mexican drug-cartel cash in Chicago, federal authorities say, when his plans suddenly changed.

They say the suspected launderer got a call from a man he thought was a Mexican money courier who told him they needed to change their meeting place because he’d spotted a cop. “You Asian, I’m Mexican — not a good look,” the courier said in the 2017 phone call, court records show.

So they picked a different address to meet. They described their cars to each other. And when they met on the Southwest Side, they had a way to identify each other, authorities say: The money-launderer handed the courier a $1 bill. The men had agreed earlier that the serial number on the bill — G5915410C — would confirm the Chinese man’s identity. Authorities say that’s common in the world of drug-trafficking. Continue reading “Article: Chinese money-laundering rings in Chicago, New York cleaning Mexican drug cartel cash”

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