HOW A CHINESE AMERICAN GANGSTER TRANSFORMED MONEY LAUNDERING FOR DRUG CARTELS

On 11 October, ProPublica published an article which was Part 1 of an investigation into a money laundering system involving Chinese organised crime, Latin American drug cartels and Chinese officials, and how one major figure in the scheme managed to meet former President Donald Trump.  It features a Chinese American gangster named Xizhi Li.  It says that, operating with the acumen of a financier and the tradecraft of a spy, he had helped devise an innovative system that revolutionised the drug underworld and fortified the cartels.

https://www.propublica.org/article/china-cartels-xizhi-li-money-laundering

See also Part 2 –

https://www.propublica.org/article/liu-tao-trump-meeting-china-investigation

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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