US Crackdown on Chinese Money Laundering Networks

June 19, 2024


US authorities have targeted Chinese money laundering networks in a significant crackdown, charging 24 individuals with laundering over $50 million for Mexican drug cartels. This marks one of the largest crackdowns targeting the nexus of Chinese financial networks and the drug trade. It primarily focuses on the laundering of proceeds from fentanyl, cocaine, and methamphetamine.

Source: CNN


This operation marks a significant step by US federal agencies, to dismantle the financial infrastructure of major drug cartels. It features rare cooperation between the US, China, and Mexico, leading to the arrest of two key suspects. The effort is part of a wider strategy to disrupt sophisticated financial operations that launder vast drug revenues through global networks.



iCognative technology by Brainwave Science leverages advanced neuroscience to detect whether a person recognizes specific information related to a crime. It measures brain responses to crime-related stimuli and detects a unique brainwave signal, the P300. It occurs when a brain recognizes information it has seen before. This technology offers a scientific and objective method to confirm a suspect’s involvement in criminal activities.

The deployment of iCognative in this investigation could revolutionize how law enforcement approaches the financial underpinnings of international drug trafficking, leading to more effective disruption of these dangerous networks.

Source: Brainwave Science