Boston: Chinatown Restaurant Served As Front For ‘Elaborate’ Global Money Laundering Scheme, DOJ Says – IOTW Report

Boston: Chinatown Restaurant Served As Front For ‘Elaborate’ Global Money Laundering Scheme, DOJ Says

Breaking 911-

BOSTON – Eight individuals have been indicted by a federal grand jury in Boston for their alleged roles in elaborate money laundering and money transmitting conspiracies that laundered tens of millions of dollars’ worth of drug trafficking proceeds, as well as a trade-based scheme that used stolen and/or fraudulent gift cards to purchase and ship thousands of Apple products internationally.

The following defendants were indicted on conspiracy to commit money laundering and unlicensed money transmitting:

  1. Shi Rong Zhang, 48, of Windham, N.H.;
  2. Qiu Mei Zeng, 47, of Quincy;
  3. Vincent Feng, 32, of Quincy;
  4. Da Zeng, 30, of Massachusetts;
  5. Wei Qing Zeng, 58, of Quincy;
  6. Xian Rong Zeng, 45, of Hanover; and
  7. Qiu Fang Zeng, 59, of Windham, N.H.

Chengzou Liu, 36, of Braintree, was also indicted on conspiracy to commit money laundering as well as possession with intent to distribute marijuana.

“These defendants are alleged to have moved tens of millions of dollars in illicit proceeds as part of sophisticated money laundering and transmitting schemes operating out of seemingly lawful businesses that serve Massachusetts residents,” said United States Attorney Rachael S. Rollins. “Without money, there is no drug trade. Laundering drug profits is fundamental to drug trafficking activity. By eliminating the means by which drug suppliers clean their illicit proceeds, we cut off the life blood of their operations: money. In doing so, we help significantly limit the flow of drugs trafficked in our communities. We need to do everything possible to make the Commonwealth safer and combat the drug crisis. This indictment should serve as a serious warning to both drug traffickers and business operators who engage in illicit money laundering: your conduct is criminal, and you will be prosecuted under federal law.” more here

14 Comments on Boston: Chinatown Restaurant Served As Front For ‘Elaborate’ Global Money Laundering Scheme, DOJ Says

  1. “By eliminating the means by which drug suppliers clean their illicit proceeds, we cut off the life blood of their operations: money.”

    And this will be one of their excuses for the Central Bank Digital Currency and eliminating paper money.

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  2. So how did Fauxahauntas Liawatha Warren keep her fingerprints off?
    She’s knee-deep in every other shitty crooked scheme in Taxachussetts.

    mortem tyrannis
    izlamo delenda est …

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  3. Pretty sure that the unelected governor of NY and Cuomo Collaborator, Huckster Hochul aka Kickback Kathy, is gravely disappointed in the arrests since she rececently advocated, promoted, urged, and permitted all use of illegal drugs such as smuggled heroin and the OD death-worthy fentanyl also trafficked-prescribed by doctors and pharmacists. ChiCom sellers on amazon and eBay should be looked hard at as well as CCP-owned dollar/discount stores which are also known for price gouging including fraud and theft by US-based ChiCom banks.

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