ABC News in Australia interviewed me recently about emerging trends in cartel money laundering. A discussion about that wouldn't be complete without warning the world about the significant increase in money laundering seen in China, for some very specific reasons.

The Peoples Republic of China has imposed strict restrictions on their citizens that prevent them from transferring more than $50,000 per year outside the country for investment. As generally is the case when governments try to restrict capital flow, many wealthy citizens turn to the Black Money Market to circumvent government restrictions. So, money brokers in control of narco-dollars in North & South America are happy to swap their clients' cash located outside China for something of value within the borders of China. Narco-dollar money brokers are happy to exchange suitcases of U.S. dollars for Chinese currency/checks/wires, precursor chemicals readily available from China's unregulated pharmaceutical industry, goods manufactured in China's huge free trade zones, bulk counterfeit goods manufactured in China, etc.

For more insights on China's value to those washing organized crime profits, here's a link to the article. Keep the faith and continue the fight:

http://www.abc.net.au/news/2018-02-16/the-man-who-cleaned-millions-for-pablo-escobar/9423316