ICE can t keep up with criminal money laundering schemes, watchdog warns washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.
Outdated technology and short staffing hinder the government’s ability to combat sophisticated money laundering schemes by drug traffickers and terrorists.
A search was conducted of Han's residence and law enforcement found a money counter, multiple firearms, more than $1.1 million in cash that was concealed in cookie tins inside of a drop ceiling in the basement and about $200,000 in cash in vacuum-sealed packaging in the basement closet.
U.S. District Court trial exhibit
A Chinese money-launderer was about to pick up Mexican drug-cartel cash in Chicago, federal authorities say, when his plans suddenly changed.
They say the suspected launderer got a call from a man he thought was a Mexican money courier who told him they needed to change their meeting place because he’d spotted a cop.
“You Asian, I’m Mexican not a good look,” the courier said in the 2017 phone call, court records show.
So they picked a different address to meet. They described their cars to each other. And when they met on the Southwest Side, they had a way to identify each other, authorities say: The money-launderer handed the courier a $1 bill. The men had agreed earlier that the serial number on the bill G5915410C would confirm the Chinese man’s identity. Authorities say that’s common in the world of drug-trafficking.
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A Chinese money launderer was about to pick up Mexican drug cartel cash in Chicago, federal authorities say, when his plans suddenly changed.
They say the suspected launderer got a call from a man he thought was a Mexican money courier who told him they needed to change their meeting place because he’d spotted a cop.