7 Defendants In Nationwide Money Laundering Organization Charged For Laundering Over $28 Million For Drug Trafficking Organizations
2021-07-21 · Press release
Audrey Strauss, the United States Attorney for the Southern District of New York, and Ray Donovan, Special Agent in Charge of the New York Division of the U.S. Drug Enforcement Administration (“DEA”), announced charges today against seven individuals involved in laundering tens of millions of dollars for drug trafficking organizations selling illegal narcotics throughout the United States. YING SUN, JIAN WANG, FRANK LIU, DIELONG WU, LARRY LAI, and JIE LIN, are charged with conspiracy to commit money laundering and conspiracy to operate an unlicensed money transmission business; STEVEN WOO was also charged as part of the conspiracy to operate an unlicensed money transmission business. SUN, LIU, and WOO were arrested in California and will be presented in the Central District of California this afternoon before Magistrate Judge John D. Early. WU and LAI were arrested today in New York and will be presented in the Southern District of New York before Magistrate Judge Katharine H. Parker. WANG and LIN remain at large. During the investigation, law enforcement agents seized over $6.5 million from the defendants’ money laundering organization, and, in coordination with unsealing the charges today, seized an additional $8 million in assets traceable to the illicit proceeds laundered by the organization. The case is assigned to U.S. District Judge Sidney H. Stein.
U.S. Attorney Audrey Strauss said: “Like drug dealers, those who launder the proceeds of drug trafficking profit from the sale of dangerous narcotics that wreak havoc in communities throughout the United States. As alleged, the individuals arrested today facilitated drug traffickers by concealing millions of dollars of their ill-gotten profits. Our Office will continue to work closely with the DEA and our law enforcement partners to go after the money networks that are necessary to the operations of the international drug trade.”
DEA Special Agent in Charge Ray Donovan said: “One of the most powerful criminal elements of transnational drug trafficking organizations is money laundering. Like any business, the ultimate goal of drug trafficking is to profit. These money laundering networks provide an invaluable service to traffickers, transferring their ill-gotten gains across the globe. The men and women of the DEA are focused on bringing to justice not only drug traffickers, but anyone who facilitates the drug trade.”
According to the allegations in the Indictment unsealed today[1]:
From at least November 2019 through May 2021, SUN coordinated the activities of a money laundering organization (“MLO”), communicating with drug trafficking organizations (“DTOs”) throughout the United States and in Mexico to receive large quantities of cash to be laundered. From April 2020 through April 2021, SUN organized more than 130 money pickups in 23 states involving over $20 million in drug trafficking proceeds. WANG, LIU, WU, LAI, LIN, and WOO facilitated the MLO’s operations by conducting these money pickups, transporting the cash, depositing the money into the retail banking system, and/or transferring the money to different individuals or entities.
During the course of the investigation, law enforcement agents conducted numerous seizures of bulk currency in connection with the money pickups conducted by the MLO, and seized over $6.5 million.
* * *
SUN, 65, of Arcadia, California, WANG, 52, of Rosemead, California, LIU, 65, of Yorba Linda, California, WU, 58, of Staten Island, New York, LAI, 69, of Queens, New York, and LIN, 58, of Upland, California, are each charged with one count of conspiracy to commit money laundering, which carries a maximum penalty of 20 years in prison, and, along with WOO, 69, of Montebello, California, one count of conspiracy to operate an unlicensed money transmission business, which carries a maximum penalty of five years in prison. The maximum potential sentences in this case are prescribed by Congress and are provided here for informational purposes only, as any sentencing of the defendants will be determined by the judge.
Ms. Strauss praised the outstanding work of the DEA. She also thanked the Internal Revenue Service and the U.S. Attorney’s Office for the Central District of California for their assistance.
This case is being handled by the Office’s Narcotics Unit. Assistant United States Attorney Brett M. Kalikow is in charge of the prosecution.
The charges contained in the Indictment are merely accusations, and the defendants are presumed innocent unless and until proven guilty.
[1] As the introductory phrase signifies, the entirety of the text of the Indictment, and the description of the Indictment set forth herein, constitute only allegations, and every fact described should be treated as an allegation.
- district_office
- Southern District of New York
- usa_name
- Audrey Strauss
- event_type
- indictment
- judge_name
- Sidney H. Stein
- judge_title
- U.S. District Judge
- case_number
- max_penalty_text
- 20 years in prison
- sentence_summary
- money_amounts
- $28 million, $6.5 million, $8 million
- crypto_assets
- statutes_json
- timeline_json
- press_release_url
- https://www.justice.gov/usao-sdny/pr/7-defendants-nationwide-money-laundering-organization-charged-laundering-over-28
- extras_json
| participant_id | name | role | title | organization | location | age | nationality | status |
|---|---|---|---|---|---|---|---|---|
| 1899 | JIE LIN | defendant | Upland, California | 58 | at large |
| agency_id | agency_name | abbreviation | role | office_location | agents_mentioned | contribution |
|---|---|---|---|---|---|---|
| 1179 | Drug Enforcement Administration | DEA | investigation | New York Division | Ray Donovan | led the investigation and coordinated with other agencies |
| 1180 | U.S. Attorney’s Office for the Southern District of New York | prosecution | Southern District of New York | Audrey Strauss | prosecution and coordination with law enforcement partners | |
| 1181 | Internal Revenue Service | IRS | assistance | provided investigative assistance | ||
| 1182 | U.S. Attorney’s Office for the Central District of California | arrest | Central District of California | assisted in arrests and case coordination |
| charge_id | charge_description | statute | severity | max_penalty | fine_amount | defendant | status | participant_id | cl_docket_id | count_num | is_1960 | verified_1960 | source | updated_at |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 966 | conspiracy to commit money laundering | 20 years in prison | YING SUN | indicted | 0 | enrichment | ||||||||
| 968 | conspiracy to commit money laundering | 20 years in prison | JIAN WANG | indicted | 0 | enrichment | ||||||||
| 970 | conspiracy to commit money laundering | 20 years in prison | FRANK LIU | indicted | 0 | enrichment | ||||||||
| 972 | conspiracy to commit money laundering | 20 years in prison | DIELONG WU | indicted | 0 | enrichment | ||||||||
| 974 | conspiracy to commit money laundering | 20 years in prison | LARRY LAI | indicted | 0 | enrichment | ||||||||
| 976 | conspiracy to commit money laundering | 20 years in prison | JIE LIN | indicted | 0 | enrichment | ||||||||
| 967 | conspiracy to operate an unlicensed money transmission business | five years in prison | YING SUN | indicted | 1 | enrichment | 2026-09-16T19:43:14+00:00 | |||||||
| 969 | conspiracy to operate an unlicensed money transmission business | five years in prison | JIAN WANG | indicted | 1 | enrichment | 2026-09-16T19:43:14+00:00 | |||||||
| 971 | conspiracy to operate an unlicensed money transmission business | five years in prison | FRANK LIU | indicted | 1 | enrichment | 2026-09-16T19:43:14+00:00 | |||||||
| 973 | conspiracy to operate an unlicensed money transmission business | five years in prison | DIELONG WU | indicted | 1 | enrichment | 2026-09-16T19:43:14+00:00 | |||||||
| 975 | conspiracy to operate an unlicensed money transmission business | five years in prison | LARRY LAI | indicted | 1 | enrichment | 2026-09-16T19:43:14+00:00 | |||||||
| 977 | conspiracy to operate an unlicensed money transmission business | five years in prison | JIE LIN | indicted | 1 | enrichment | 2026-09-16T19:43:14+00:00 | |||||||
| 978 | conspiracy to operate an unlicensed money transmission business | five years in prison | STEVEN WOO | indicted | 1 | enrichment | 2026-09-16T19:43:14+00:00 |
| fin_id | action_type | amount | currency | description | asset_type | defendant | status |
|---|---|---|---|---|---|---|---|
| 367 | seizure | $6.5 million | USD | assets from the defendants’ money laundering organization | cash | completed | |
| 368 | seizure | $8 million | USD | assets traceable to the illicit proceeds laundered by the organization | assets | completed |
| victim_id | victim_type | description | number_affected | loss_amount | geographic_scope | vulnerability_factors | impact_description |
|---|---|---|---|---|---|---|---|
| 259 | community | communities throughout the United States | nationwide | wreak havoc from dangerous narcotics sales enabled by laundered drug proceeds |
| quote_id | quote_text | speaker_name | speaker_title | speaker_organization | quote_type | context | significance |
|---|---|---|---|---|---|---|---|
| 1105 | Like drug dealers, those who launder the proceeds of drug trafficking profit from the sale of dangerous narcotics that wreak havoc in communities throughout the United States. As alleged, the individuals arrested today facilitated drug traffickers by concealing millions of dollars of their ill-gotten profits. Our Office will continue to work closely with the DEA and our law enforcement partners to go after the money networks that are necessary to the operations of the international drug trade. | Audrey Strauss | United States Attorney | Southern District of New York | statement | Press release announcement | Explains the role of money laundering in drug trafficking and the government's commitment to dismantling these networks. |
| 1106 | One of the most powerful criminal elements of transnational drug trafficking organizations is money laundering. Like any business, the ultimate goal of drug trafficking is to profit. These money laundering networks provide an invaluable service to traffickers, transferring their ill-gotten gains across the globe. The men and women of the DEA are focused on bringing to justice not only drug traffickers, but anyone who facilitates the drug trade. | Ray Donovan | Special Agent in Charge | New York Division of the U.S. Drug Enforcement Administration | statement | Press release announcement | Highlights the critical role of money laundering in the drug trade and the DEA's efforts to combat it. |
| theme_id | theme_name | description | significance | related_statutes | geographic_scope | temporal_aspects | stakeholders |
|---|---|---|---|---|---|---|---|
| 1221 | Money Laundering | Organized money laundering operations involving cash pickups in 23 states, transporting, depositing, and transferring illicit proceeds for drug trafficking organizations. | Central to the case, enabling drug trafficking by concealing illicit profits. | 18 U.S.C. § 1956(h) | National, International | Recent development (2019-2021) | Law enforcement, Financial institutions, Defendants |
| 1222 | Unlicensed Money Transmission | Operating an unlicensed money transmission business to facilitate the laundering of drug proceeds. | Illegal financial activity that violates regulations and supports criminal enterprises. | 18 U.S.C. § 1960 | National | Recent development (2019-2021) | Law enforcement, Financial regulators, Defendants |
| 1223 | Drug Trafficking Organizations (DTOs) | DTOs in the U.S. and Mexico provided illicit drug proceeds for laundering. | Source of laundered funds, enabling drug sales and distribution. | International | Ongoing | Drug traffickers, Law enforcement | |
| 1224 | Asset Seizures | Law enforcement seized over $14.5 million in cash and assets linked to the laundering operation. | Disrupts the financial infrastructure of criminal networks. | National | Recent (during investigation and charges) | Law enforcement, Government agencies | |
| 1225 | International Cooperation | Involvement of DTOs in Mexico and U.S. agencies collaborating across borders. | Highlights transnational nature of drug and money laundering operations. | International | Ongoing | International law enforcement agencies, DEA, U.S. Attorney's Office | |
| 1226 | Law Enforcement Coordination | Collaboration between DEA, IRS, and U.S. Attorney's Offices across districts. | Effective prosecution through multi-agency teamwork. | National | During investigation | DEA, IRS, U.S. Attorney's Offices |
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