In March last year, five 
nationals — Enhua Fang (left pic of upper row), Shu Jun Zhen (middle pic), Jianfei Lu (right pic), Maoxuan Xia, and Shao Neng Lin — were indicted for money laundering: they were part of a Chinese money-laundering operation that assisted drug trafficking by depositing drug money into Charlotte banks and concealing more than $92 million in drug proceeds.
Fang was the ringleader who would receive requests from Mexican drug-trafficking organizations for bulk cash pickups in the US. She would then send couriers to locations throughout the US to collect the money and deposit it into bank accounts across the country. Once the money was in the bank, the funds would be laundered, including through cryptocurrency accounts.
The investigation included the interception of Fang on a wiretap in June 2022. On that call, Fang was making arrangements to pick up cash from a drug trafficker in North Carolina to pay a supply source in Mexico.
Several Charlotte-area banks are referenced throughout the court documents. A photo of Zhen in a Bank of America in Concord (right pic of lower row) is included in one of the documents. It shows her depositing $150,000. Zhen deposited more than $22 million in a period of 20 months.
Fang, Xia, and Lin deposited more than $300,000 at a Bank of America branch at 9505 Pineville-Matthews Road on July 27, 2022. On Aug 12, 2022, Fang and Lu deposited more than $100,000 at the Bank of America branch at 8551 North Tryon St. in University City. On Aug 20, 2022, Fang and Lin deposited more than $250,000 into a JP Morgan Chase branch at 8830 Lindholm Dr. in Huntersville. On Nov 9, 2023, Zhen and Lu deposited $100,000 into a Bank of America branch at 6425 Albemarle Road in east Charlotte.
finance.yahoo.com/news/chinese-m
nationals — Enhua Fang (left pic of upper row), Shu Jun Zhen (middle pic), Jianfei Lu (right pic), Maoxuan Xia, and Shao Neng Lin — were indicted for money laundering: they were part of a Chinese money-laundering operation that assisted drug trafficking by depositing drug money into Charlotte banks and concealing more than $92 million in drug proceeds.
Fang was the ringleader who would receive requests from Mexican drug-trafficking organizations for bulk cash pickups in the US. She would then send couriers to locations throughout the US to collect the money and deposit it into bank accounts across the country. Once the money was in the bank, the funds would be laundered, including through cryptocurrency accounts.
The investigation included the interception of Fang on a wiretap in June 2022. On that call, Fang was making arrangements to pick up cash from a drug trafficker in North Carolina to pay a supply source in Mexico.
Several Charlotte-area banks are referenced throughout the court documents. A photo of Zhen in a Bank of America in Concord (right pic of lower row) is included in one of the documents. It shows her depositing $150,000. Zhen deposited more than $22 million in a period of 20 months.
Fang, Xia, and Lin deposited more than $300,000 at a Bank of America branch at 9505 Pineville-Matthews Road on July 27, 2022. On Aug 12, 2022, Fang and Lu deposited more than $100,000 at the Bank of America branch at 8551 North Tryon St. in University City. On Aug 20, 2022, Fang and Lin deposited more than $250,000 into a JP Morgan Chase branch at 8830 Lindholm Dr. in Huntersville. On Nov 9, 2023, Zhen and Lu deposited $100,000 into a Bank of America branch at 6425 Albemarle Road in east Charlotte.
finance.yahoo.com/news/chinese-m