Casino Royale: Feds Say Chinese Drug Barons Laundered U.S. Coke Cash in Guatemalan Casinos


    Illustration by Elizabeth Brockway/The Daily BeastChinese coke traffickers. Latin American cartels. Millions in American cash laundered through a Guatemalan casino.According to a wild federal criminal complaint unsealed in Virginia last week, the war on drugs is going about as well as ever. But it’s still no cinch to hide the proceeds of cross-continental coke dealing.U.S. affidavits and civil forfeiture paperwork describe two men, Xueyong Wu, an alleged Guatemala-based drug trafficker who goes by the nickname “Antonio,” and Xizhi Li, a Chinese national, as alleged leaders of a drug trafficking cartel that netted millions of dollars in proceeds. Read more at The Daily Beast.Got a tip? Send it to The Daily Beast here


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