Shau Sun And The New York Money Laundering Ring (7/19/24)

The Epstein Chronicles

In 2022, federal authorities dismantled a significant money laundering ring in New York City, led by Shaui Sun and several associates. The ring was initially uncovered following a traffic stop in Georgia in 2018, where law enforcement seized $350,000 in cash from Sun and his accomplice. This event triggered a broader investigation that revealed a complex network involving multiple individuals and various illegal activities across the United States.
The operation primarily involved laundering money for drug traffickers by moving and laundering millions of dollars in cash, originating from illegal narcotics sales. The group's activities spanned across various locations, including Flushing, Queens, and Brooklyn in New York, as well as out-of-state runs to places like Georgia, Detroit, and Chicago. Members of the ring utilized fake business accounts, made large deposits in banks, and purchased high-value luxury items to launder the illicit funds.
In addition to cash, the ring also trafficked stolen gift cards, particularly American Express cards, which were used to buy Apple products that were then sold in the Middle East. This part of the operation further helped obscure the origins of the illicit funds and launder the money by converting it into high-value electronics that could be sold overseas.
(commercial at 11:04)
To contact me:
[e-mail]
source:
https://nypost.com/2022/04/03/how-a-crew-laundered-millions-in-cartel-cash-across-nyc/
Become a supporter of this podcast: https://www.spreaker.com/podcast/the-epstein-chronicles--5003294/support.