Chinese National Guilty of Laundering Millions for Mexican Drug Cartels
A Chinese national pleaded guilty today pleaded guilty to conspiracy to commit money laundering in connection with laundering more than $4 million in drug proceeds generated by large-scale cocaine trafficking in the United States.
Assistant Attorney General Brian A. Benczkowski of the Justice Department’s Criminal Division; U.S. Attorney G. Zachary Terwilliger for the Eastern District of Virginia; Special Agent in Charge Jesse R. Fong for the Drug Enforcement Administration’s (DEA) Washington Field Division; Jason Crosby, Chief of the Criminal Investigations Division of the U.S. Department of State’s Diplomatic Security Service (DSS); and Special Agent in Charge Raymond Villanueva of U.S. Immigration and Customs Enforcement’s (ICE) Homeland Security Investigations (HSI) Washington, D.C., made the announcement after U.S. District Judge Leonie M. Brinkema accepted the plea.
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. Wu is scheduled to be sentenced on Sept. 29.