Crime
Operation Take Back America Strikes Chinese Money Launderers in Charlotte Cartel Case
Sam Cooper
CHARLOTTE, N.C. — Striking a cell capable of washing $100 million within what U.S. counter-narcotics officials describe as a half-trillion-dollar global enterprise, federal prosecutors have secured convictions against three men tied to a China-based transnational laundering syndicate, exposing how Mexican cartel drug proceeds flowed quietly through Charlotte banks as overdose deaths surged across the Carolinas.
The case, centered in Charlotte, North Carolina, reveals the concealed infrastructure enabling Mexican cartels to convert fentanyl profits into clean capital, aided by sophisticated Chinese professional launderers operating like underwriters and rogue accountants—embedding illicit funds in regional banks using fake identities and a dense lattice of shell companies.
Prosecutors say Maoxuan Xia, 29, of China; Shao Neng Lin, 58, of Baldwin Park, California; and Zhou Yu, 42, of China, laundered more than $92 million in drug proceeds through this underground system. Court records show the trio used false documentation and coordinated deposits to move over $700,000 through Charlotte-area financial institutions alone.
Donald Im, a former top DEA illicit finance expert, said the system is designed so that all roads ultimately lead to Beijing’s treasury—with narcotics proceeds flowing back to China through laundering networks, while cartels handle the production and distribution of synthetic opioids sourced from Chinese factories.
The Charlotte case offers a rare, granular view into how that system functions on the ground. Xia served as a primary collector, retrieving cash from cartel-linked operatives across the United States. In less than two years, he laundered over $30 million. Lin and Yu operated back-end accounts, managing shell firms that each moved approximately $20 million. All three men entered guilty pleas this spring.
Investigators describe the laundering structure as part of a wider financial ecosystem anchored in Chinese underground banking hubs—active in cities such as Vancouver, Toronto, Mexico City, New York and Los Angeles. These operations pair U.S. drug money with Chinese nationals looking to move renminbi out of the mainland, exploiting capital flight demand to create an opaque, dollar-based network of cash flow. Funds are then reinvested in electronics exports, real estate, and layered wire transfers—largely beyond the reach of Western regulators.
The Charlotte convictions come amid a regional overdose emergency. In 2023, South Carolina reported 44.7 overdose deaths per 100,000 residents, far exceeding the U.S. average of 31.3. Georgia recorded 2,687 overdose deaths in 2022, a 300 percent increase since 2010. In North Carolina, more than 36,000 people have died from drug overdoses since 2000, with over 4,000 deaths recorded in 2021 alone. Fentanyl now accounts for nearly 80 percent of opioid fatalities in the Carolinas.
Taken together, South Carolina, North Carolina, and Georgia form one of the most intensely affected overdose corridors in North America. Only British Columbia—where Vancouver’s urban fentanyl crisis remains in declared emergency—and West Virginia report comparably higher death rates. British Columbia recorded 48.5 overdose deaths per 100,000 residents in 2024; West Virginia reached 80.9 per 100,000 in 2022.
A parallel indictment in South Carolina, unsealed in April, further illustrates China’s financial blueprint. Prosecutors charged Nasir Ullah, 28, and Naim Ullah, 32, of Sumter, along with Puquan Huang, 49, of Buford, Georgia, with laundering millions in cartel-linked proceeds. According to court filings, the men concealed cash in Sumter-area properties before converting it into overseas electronics shipments to Hong Kong and Dubai. Investigators allege the group was linked to broader laundering cells stretching into Asia and the Middle East.
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While no financial institutions were charged in the Charlotte case, the use of fraudulent documents and synthetic identities to move large sums underscores continuing vulnerabilities in U.S. bank compliance systems—particularly in regional markets where oversight mechanisms may lag behind the sophistication of illicit finance networks.
The case was prosecuted under Operation Take Back America, a multi-agency U.S. initiative focused on dismantling the financial backbone of transnational fentanyl trafficking. Officials involved say targeting launderers may yield more strategic disruption than intercepting drug shipments alone—striking directly at the revenue pipelines keeping the trade alive.
Im, who led transnational threat targeting units within DEA’s Special Operations Division, has long studied the convergence of criminal enterprise and state-sanctioned economic leverage. In his assessment, Chinese laundering brokers serve both cartel clients and parallel financial objectives of the state—helping the proceeds of Western fentanyl sales find their way into Belt and Road infrastructure loans, real estate portfolios, and capital-export schemes tied to China’s global influence-building.
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From The Center Square
By
Rhode Island officials said the suspected gunman in the Brown University mass shooting has been found dead of an apparent self-inflicted gunshot wound, more than 50 miles away in a storage facility in southern New Hampshire.
The shooter was identified as Claudio Manuel Neves-Valente, a 48-year-old Brown student and Portuguese national. Neves-Valente was found dead with a satchel containing two firearms inside in the storage facility, authorities said.
“He took his own life tonight,” Providence police chief Oscar Perez said at a press conference, noting that local, state and federal law officials spent days poring over video evidence, license plate data and hundreds of investigative tips in pursuit of the suspect.
Perez credited cooperation between federal state and local law enforcement officials, as well as the Providence community, which he said provided the video evidence needed to help authorities crack the case.
“The community stepped up,” he said. “It was all about groundwork, public assistance, interviews with individuals, and good old fashioned policing.”
Rhode Island Attorney General Peter Neronha said the “person of interest” identified by private videos contacted authorities on Wednesday and provided information that led to his whereabouts.
“He blew the case right open, blew it open,” Neronha said. “That person led us to the car, which led us to the name, which led us to the photograph of that individual.”
“And that’s how these cases sometimes go,” he said. “You can feel like you’re not making a lot of progress. You can feel like you’re chasing leaves and they don’t work out. But the team keeps going.”
The discovery of the suspect’s body caps an intense six-day manhunt spanning several New England states, which put communities from Providence to southern New Hampshire on edge.
“We got him,” FBI special agent in charge for Boston Ted Docks said at Thursday night’s briefing. “Even though the suspect was found dead tonight our work is not done. There are many questions that need to be answered.”
He said the FBI deployed around 500 agents to assist local authorities in the investigation, in addition to offering a $50,000 reward. He says that officials are still looking into the suspect’s motive.
Two students were killed and nine others were injured in the Brown University shooting Saturday, which happened when an undetected gunman entered the Barus and Holley building on campus, where students were taking exams before the holiday break. Providence authorities briefly detained a person in the shooting earlier in the week, but then released them.
Investigators said they are also examining the possibility that the Brown case is connected to the killing of a Massachusetts Institute of Technology professor in his hometown.
An unidentified gunman shot MIT professor Nuno Loureiro multiple times inside his home in Brookline, about 50 miles north of Providence, according to authorities. He died at a local hospital on Tuesday.
Leah Foley, U.S. attorney for Massachusetts, was expected to hold a news briefing late Thursday night to discuss the connection with the MIT shooting.
From the Daily Caller News Foundation
A woman who survived the Hanukkah terrorist attack at Bondi Beach in Australia said on Monday that police officers seemed less concerned about stopping the attack than they were about keeping her from fighting back.
A father and son of Pakistani descent opened fire on a Hanukkah celebration Sunday, killing at least 15 people and wounding 40, with one being slain on the scene by police and the other wounded and taken into custody. Vanessa Miller told Erin Molan about being separated from her three-year-old daughter during Monday’s episode of the “Erin Molan Show.”
“I tried to grab one of their guns,” Miller said. “Another one grabbed me and said ‘no.’ These men, these police officers, they know who I am. I hope they are hearing this. You are weak. You could have saved so many more people’s lives. They were just standing there, listening and watching this all happen, holding me back.”
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“Two police officers,” Miller continued. “Where were the others? Not there. Nobody was there.”
New South Wales Minister of Police Yasmin Catley did not immediately respond to a request for comment from the Daily Caller News Foundation about Miller’s comments.
Australian Prime Minister Anthony Albanese vowed to enact further restrictions on guns in response to the attack at Bondi Beach, according to the Associated Press. The new restrictions would include a limit on how many firearms a person could own, more review of gun licenses, limiting the licenses to Australian citizens and “additional use of criminal intelligence” to determine if a license to own a firearm should be granted.
Sajid Akram, 50, and Naveed Akram, 24, reportedly went to the Philippines, where they received training prior to carrying out the Sunday attack, according to the Australian Broadcasting Corporation. Naveed Akram’s vehicle reportedly had homemade ISIS flags inside it.
Australia passed legislation that required owners of semi-automatic firearms and certain pump-action firearms to surrender them in a mandatory “buyback” following a 1996 mass shooting in Port Arthur, Tasmania, that killed 35 people and wounded 23 others. Despite the legislation, one of the gunmen who carried out the attack appeared to use a pump-action shotgun with an extended magazine.
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