Chinese Money Laundering Organizations (CMLOs) – Use of Counterfeit Chinese Passports – 2024
Chinese Money Laundering Organizations (CMLOs) – Use of Counterfeit Chinese Passports
A Scam Warning to Merchants & Businesses
Authors:
• SCARS Editorial Team – Society of Citizens Against Relationship Scams Inc.
• United States Department of Homeland Security Investigations (HSI)
Article Abstract
The Homeland Security Investigations (HSI) warns U.S. financial institutions of Chinese Money Laundering Organizations (CMLOs) using counterfeit Chinese passports to facilitate criminal activities.
Chinese Money Laundering Organizations (CMLOs,) affiliated with Mexican cartels and transnational criminal groups, recruit Chinese nationals as “money mules” through social media, particularly WeChat.
