Commentary
The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) released a report in August that made me cringe. It detailed how Chinese money laundering networks (CMLNs) have quietly embedded themselves in the U.S. financial system.
People walk beneath a sign for foreign currency exchange in Hong Kong on March 2, 2016. China and Hong Kong are emerging as a global hub for money laundering. Kin Cheung/AP Photo
Charles Davis
Author
Charles Davis is a military veteran and lecturer with an intelligence background. His military awards include: two Bronze Star Service Medals, Defense Meritorious Service Medal, two Meritorious Service Medals, NATO Service Medal, Iraq Campaign Medal, Afghanistan Campaign Medal, Saudi Arabia Liberation Medal, and Kuwait Liberation Medal.
