October 18 2019
Three men face federal indictment in Oregon on accusations that they engaged in a “Chinese underground banking system’’ and helped launder an estimated $20 million from Mexican drug trafficking cartels.
Shefeng Su, 39, Xinhua Li Yan, 46, and Xiacong Su, 39, each are charged with conspiracy to commit money laundering. Two of the three, Shefeng Su and Xinhua Li Yan, lived in Portland during the alleged scheme. The third defendant was living outside the United States at the time. All three are believed to be outside the country and haven’t been arrested.