CHARLOTTE — Feds are charging five Chinese nationals with money laundering after they say the suspects were part of a Chinese money-laundering operation that assisted drug trafficking operations by depositing drug money into Charlotte banks. In March, a grand jury indicted Enhua Fang, Shu Jun Zhen, Jianfei Lu, Maoxuan Xia, and Shao Neng Lin. The federal court documents were unsealed last week.
Seamus Hughes, a founder of the PACER monitoring newsletter Court Watch, first flagged the arrests.
Court documents claim the ringleader was Fang. The court documents claim Fang would receive requests from Mexican drug-trafficking organizations for bulk cash pickups in the United States. They say she would then send couriers to locations throughout the United States to collect the money and deposit it into bank accounts across the country. Once the money was in the bank, federal investigators say the funds would be laundered, including through cryptocurrency accounts. An extensive investigation by the DEA and IRS brought all this to light.
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