In its 24th July edition, the South China Morning Post reported that it is alleged that the owner and employees of Dandong Hongxiang Industrial Development Co used more than 20 front companies to hide their financial dealings. 4 Chinese nationals and the Chinese company they worked for have been indicted on charges of money laundering and violating WMD safeguards, under an indictment handed down in Newark. Those charged are Ma Xiaohong, the owner of Dandong Hongxiang Industrial Development Co Ltd; the company’s general manager, Zhou Jianshu; its deputy general manager, Hong Jinhua; and its financial manager, Luo Chuanxu.
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