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US: Chinese national sentenced for laundering Millions for Mexican drug cartels US
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US: Chinese national sentenced for laundering Millions for Mexican drug cartels

India Blooms News Service | @indiablooms | 01 Oct 2020, 05:09 pm

Washington: A Chinese national was sentenced today to five years in prison and ordered to forfeit more than $4.2 million for laundering drug proceeds generated by large-scale cocaine trafficking in the United States.

Acting Assistant Attorney General Brian C. Rabbitt of the Justice Department’s Criminal Division; U.S. Attorney G. Zachary Terwilliger for the Eastern District of Virginia; Special Agent in Charge Wendy C. Woolcock for the U.S. Drug Enforcement Administration’s (DEA) Special Operations Division; Special Agent in Charge Jeffrey T. Scott of DEA's Louisville, Kentucky Field Division; Chief Jason Crosby of the Criminal Investigations Division of the U.S. Department of State’s Diplomatic Security Service (DSS); and Special Agent in Charge James Gibbons of U.S. Immigration and Customs Enforcement’s (ICE) Homeland Security Investigations (HSI) Chicago, Illinois made the announcement after sentencing by U.S. District Judge Leonie M. Brinkema for the Eastern District of Virginia.

According to court documents, Xueyong Wu, 40, cultivated relationships with Latin American drug trafficking organizations to transport and launder their United States-based drug proceeds.

Much of this money was repatriated to Mexico through a complex series of international financial transactions.

Wu received a percentage of the money involved in these transactions as compensation for organizing these laundering activities. Much of this money was generated through movement of cocaine or payment for cocaine that took place within the Eastern District of Virginia.

Trial Attorneys Steve Sola and Kerry Blackburn of the Criminal Division’s Money Laundering and Asset Recovery Section and Assistant U.S. Attorneys Michael P. Ben’Ary and David A. Peters prosecuted the case.

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