WASHINGTON, June 3 -- The U.S. Department of Justice's Computer Crime & Intellectual Property Section issued the following press release:
A Georgia man pleaded guilty today to conspiring to launder the proceeds of drug trafficking.
According to court documents and proceedings, since at least 2021, Puquan Huang, 50, a Chinese national residing in Buford, Georgia, was a member of an international money laundering organization that engaged in a sophisticated trade-based money laundering scheme.
Huang and his co-conspirators routinely traveled throughout the United States, including South Carolina, North Carolina, and Georgia, to collect bulk cash generated from the sale of drugs in the United States, including fentanyl and cocaine, from dr...