NEW YORK, (Reuters) – U.S. authorities have charged three Colombian nationals with helping to run a global money laundering network that processed billions of dollars in drug trafficking profits through bank accounts in China and Hong Kong.
The Guangzhou, China-based organization brought in at least $5 billion in drug proceeds from the United States, Mexico, Colombia, Panama, Guatemala and Canada, as well as parts of Africa and Europe, according to an indictment unsealed yesterday in federal court in Brooklyn, New York.