Treasury’s Call for Vigilance on Chinese Money Laundering Reveals Alarming Threat to America’s Security

The Treasury Department’s recent directive urging U.S. financial institutions to monitor suspected Chinese money laundering networks unmasks a dangerous front in the ongoing battle to protect American families from the scourge of fentanyl. Are Our Banks Being Used to Fund Drug Cartels? This advisory is not just about financial oversight; it’s a national security imperative. The alert highlights how Chinese laundering operations work hand-in-hand with Mexican drug cartels, fueling the deadly influx of narcotics devastating towns across the country. By targeting individuals such as Chinese students, retirees, and housewives with unexplained wealth or evasive behavior regarding fund sources, the government...