Zhi Dong Zhang, who escaped house arrest in Mexico this summer, is accused of supplying cartels with fentanyl from China, smuggling and money laundering millions under the alias “Brother Wang.”
Tag: Money Laundering
Louis Vuitton Netherlands Entangled in Money-Laundering Case
A customer’s cash purchases of luxury goods totaling millions of euros in value caught the attention of prosecutors, who say the company should have noticed.
U.S. Accuses Three Mexican Financial Firms of Aiding Fentanyl Trade
“We neither deny nor accept this,” Mexico’s president said about U.S. accusations that Mexican firms laundered millions of dollars in connection with fentanyl trafficking.
Ex-Malaysia Premier Najib Has Money Laundering Charges Dropped
Money-laundering charges against Najib Razak were dropped because of prosecutorial delays, intensifying criticism that he was being treated leniently.
Crime Rings Plotted to Trade Cocaine for Syrian Weapons, Prosecutors Say
The intricate scheme, spanning four continents, appears to justify concerns that the military arsenal of Bashar al-Assad, the deposed Syrian dictator, could fall into dangerous hands.
How to Hide a 350-Foot Megayacht
Russian oligarchs use the offshore system to shield their luxury assets. The Trump administration is ending an effort to find and seize them.
Colombia Grants Asylum to Ricardo Martinelli, Ex-President of Panama
The former leader said he had traveled to Bogotá after spending a year holed up the Nicaraguan Embassy in Panama City following a money-laundering conviction.
U.S. Moves to Blacklist Huione Group Over Money Laundering Ties
The Treasury Department said Huione Group and its affiliates had laundered more than $4 billion.
Peru’s Former First Lady Flees as She and Ex-President Are Sentenced to Prison
Former President Ollanta Humala and his wife, Nadine Heredia, were sentenced on Tuesday to 15 years in prison for money laundering. Brazil granted her diplomatic asylum, officials said.
Investigating a Sprawling Money Laundering Network
Two reporters spent months learning the intricacies of a sprawling network of scammers.