EPISODE · Dec 22, 2025 · 26 MIN
Drug Cartels' New Weapon: Chinese Money Launderers
from The Journal. · host The Wall Street Journal & Spotify Studios
Federal officials say Chinese money launderers moved more than $300 billion in illicit transactions through U.S. banks and other financial institutions in recent years. WSJ’s Dylan Tokar explores the rise of these highly lucrative schemes and former federal prosecutor Julie Shemitz takes us inside the federal investigation to bring them down. Ryan Knutson hosts. Further Listening: - The Money Laundering Behind TD Bank's $3 Billion Fine - Mexico's New Cocaine Kingpin is Cashing In Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
What this episode covers
Federal officials say Chinese money launderers moved more than $300 billion in illicit transactions through U.S. banks and other financial institutions in recent years. WSJ’s Dylan Tokar explores the rise of these highly lucrative schemes and former federal prosecutor Julie Shemitz takes us inside the federal investigation to bring them down. Ryan Knutson hosts. Further Listening: - The Money Laundering Behind TD Bank's $3 Billion Fine - Mexico's New Cocaine Kingpin is Cashing In Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Drug Cartels' New Weapon: Chinese Money Launderers
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