# Money Laundering
Latest news and articles about Money Laundering
Total: 4 articles found
High Spirits, Hard Fall: Former Moutai Chairman Indicted in Widening Anti-Graft Net
Ding Xiongjun, the former chairman of liquor giant Kweichow Moutai, has been indicted for bribery and money laundering. The charges follow a long history of corruption at the helm of China’s most prestigious state-owned spirit producer, highlighting the systemic risks within its lucrative distribution model.
The Double Game: How China’s Social Media ‘Anti-Gambling’ Stars Lead Fans to the Tables
An investigation has revealed that popular Chinese short-video influencers are using 'anti-gambling' personas as a front to recruit mainland citizens for offshore casinos. These creators provide comprehensive logistics and money laundering services, exploiting coded language and platform loopholes to bypass strict domestic regulations.
The AI Laundromat: How a Chinese Tycoon Exploited Wall Street Hype to Wash Billions
Billionaire Tang Hao has been blacklisted by JPMorgan Chase following revelations of a sophisticated money laundering operation involving US-listed AI stocks and Southeast Asian criminal syndicates. The scheme allegedly funneled billions from Chinese P2P fraud and cyber-scams through legitimate corporate advertising contracts to obfuscate the origins of the wealth.
The Shadow Billionaire: How an Alleged Money-Laundering Empire Unraveled on Wall Street
JPMorgan Chase has blacklisted billionaire Tang Hao following revelations of a massive money-laundering operation involving AI stocks and Southeast Asian scam syndicates. Tang is accused of using Nasdaq-listed AppLovin to wash billions for criminal kingpins and siphoning funds from China's Tuandaiwang P2P collapse.