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Drug Cartels' New Weapon: Chinese Money Launderers

December 22, 2025·26m

Federal officials say Chinese money launderers moved more than $300 billion in illicit transactions through U.S. banks and other financial institutions in recent years. WSJ’s Dylan Tokar explores the rise of these highly lucrative schemes and former federal prosecutor Julie Shemitz takes us inside the federal investigation to bring them down. Ryan Knutson hosts.