Drug Cartels’ New Weapon: Chinese Money Launderers

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