While fentanyl smuggling into the United States is widely known, far fewer understand how the deadly trade is financed and how its vast profits are funneled through the U.S. financial system.
In an interview with NTD News, Amal Akal, senior White House correspondent for Epoch Times, explained that Chinese money-laundering networks have become a central pillar in sustaining the fentanyl trade.
According to Akal, cartels enlist Chinese nationals living in the U.S. to move money discreetly — from small business owners to retirees and students. “More and more students are being pulled into this system,” she noted.
“Some of them know exactly what they’re doing, others don’t — but they’re the perfect targets for these money-laundering operations.”