U.S. Treasury Warns Of $312 Billion Chinese Laundering Dark-Money Network For Mexican Cartels
August 30th, 2025Let me guess: Average people are going to locked down, tracked and surveilled even harder in order to deal with this…
Via: ZeroHedge:
The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a warning on Thursday that Chinese money laundering networks (CMLNs) pose a substantial threat to the U.S. financial system, citing money laundering by Mexican drug cartels, including some that have been designated as Foreign Terrorist Organizations (FTOs).
FinCEN stated that it reviewed more than 137,000 Bank Secrecy Act reports from 2020 to 2024, identifying around $312 billion in suspicious transactions tied to CMLNs.
“Money laundering networks linked to individual passport holders from the People’s Republic of China enable cartels to poison Americans with fentanyl, conduct human trafficking, and wreak havoc among communities across our great nation,” stated Under Secretary for Terrorism and Financial Intelligence John K. Hurley. He said FinCEN’s Advisory and Financial Trend Analysis reinforces Treasury’s and law enforcement’s ongoing work to dismantle command and control nodes within critical Chinese money laundering networks.
In an interview, investigative journalist Sam Cooper of The Bureau told ZeroHedge that while the $300 billion money laundering figure is massive, his reporting suggests the actual scale is far higher.
