On May 17, according to the official website of the Department of Justice, yesterday, an indictment was made public in the Central District of California, accusing two Chinese nationals of playing a major role in a money laundering scheme involving cryptocurrency investment fraud.
Daren Li, 41, a dual citizen of China and St. Kitts and Nevis, and a resident of China, Cambodia and the United Arab Emirates. He was arrested at Hartsfield-Jackson Atlanta International Airport on April 12 and subsequently transferred to the Central California area. Yicheng Zhang, 38, a Chinese national currently residing in Temple City, California, was arrested yesterday in Los Angeles.
Today, they are charged with leading a money laundering scheme of at least $73 million in connection with an international crypto investment scam. These arrests, facilitated by our international and U.S. partners, demonstrate the Department of Justice's ongoing commitment to combating the entire cybercrime ecosystem and stopping financial marekt fraud.
Department of Justice: Two Chinese nationals arrested on suspicion of scamming at least $73 million through cryptocurrency investments
2024-05-17 15:00:40
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