The DEA Says Chinese Criminal Organizations Are Working With Mexican Cartels to Launder US Dollars

The DEA says this form of organized crime is one that extends far beyond black market cannabis. Chinese criminal organizations are working with Mexican cartels by helping them launder money made from meth, fentanyl, and other drugs. They do so by loaning out the cartels' money to unsuspecting Chinese people like students or prospective home buyers living in America. In 2015 and 2016, when Chinese citizens sent over $1.2 trillion out of the country, the Chinese government responded by restricting the amount of money each citizen could send out of China in a single year to $50,000.