DOJ Seeks Seizure of Bank Accounts Allegedly Held Illegally by Chinese Nationals

DOJ Seeks Seizure of Bank Accounts Allegedly Held Illegally by Chinese Nationals
A Bank of America logo is seen outside a bank branch in Washington, on Aug. 19, 2011. Saul Loeb/AFP via Getty Images
Anne Zhang
Updated:
0:00

The U.S. Department of Justice on Feb. 16 filed a lawsuit in a California court seeking to seize the funds of hundreds of Chinese nationals who held illegal U.S. bank accounts obtained through a criminal ring.

As Beijing tightens the limit on capital leaving the country, many Chinese nationals seek other channels to move funds overseas.

Anne Zhang
Anne Zhang
Author
Anne Zhang is a writer for The Epoch Times with a focus on China-related topics. She began writing for the Chinese-language edition in 2014.
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