The Drug Enforcement Agency (DEA) exposed deep ties between Mexico's Sinaloa Cartel and Chinese organized crime in a new case. Concretely, prosecutors charged over 20 Los Angeles-based associates of the cartel with being part of a scheme to launder more than $50 million from drug money proceedings through an underground banking system run by Chinese nationals in the U.S., NBC News reported.
"This investigation shows that the Sinaloa cartel has entered into a new criminal partnership with Chinese nationals living in the U.S. who launder money for the cartels," DEA Administrator Anne Milgram said in a news conference following the filing.
