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Derek Maltz: China ‘dominating the money laundering business in America for the cartels’



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Former head of the Drug Enforcement Administration’s Special Operations Division Derek Maltz on Monday claimed that the Chinese “are dominating the money-laundering services business in America for the cartels”.

In an appearance on “The Sara Carter Show” podcast, Maltz and host Sara Carter discussed security issues surrounding the deteriorating situation at the U.S.-Mexico border, when the conversation shifted toward the Chinese government.

“The Chinese now are dominating the money-laundering services business in America for the cartels,” Maltz charged, arguing that they are “picking up the cash and they are moving money from one Chinese bank account to another on their smartphones”.

MORE ON THE BORDER: Not today’: Kamala Harris laughs when asked if she plans to visit the border

“We can’t do much about that,” Maltz continued. “They’re using encrypted apps, and they’re moving money, and then they’re buying consumer goods over in China, they’re shipping the goods into South America or Mexico—wherever—and they’re selling the goods, and everybody’s making money. And the poor law enforcement is in the dark because the laws are so antiquated. And these are […] countries around the world that are making a lot of money off the drug problem in America.”

Furthermore, Maltz went on to claim that “They have Chinese nationals—young kids—running around the country picking up millions of dollars, they give it to businessmen and Chinese businessmen in the U.S. because there’s an export limit of $50,000 a year out of Beijing, so they need cash here to buy houses, to buy property, […] to put their kids in school. So they pay cash.”

MORE ON THE BORDER: Poll: Two-thirds say border situation is a ‘crisis’

Maltz then alleged that they are also “buying real estate all over the country” and installing “state-of-the-art marijuana grow[ing] operations in these houses. And they’re selling this very pure THC—very high purity pot—around America. So they’re buying houses with drug money in cash, then they’re selling the drugs all over the country. So again, they’re destabilizing the country by pushing massive amounts of drugs and providing a service to the cartels.”

MORE ON CHINA: U.S., major allies sanction China for Uighur ‘genocide’

“Last thing: if the cartels do not have their money, and they do not have their chemicals, they can’t produce the drugs. So what are we waiting for? Why are we not hitting these labs? Why are we not stopping the money? Why are we not dealing with this?” Maltz concluded. “It’s got to be put on steroids, we have to have a state of emergency here for law enforcement to go after this problem because kids are dying at record levels.”

MORE FROM “THE SARA CARTER SHOW”: Arizona AG: Biden ‘incentivizing’ migrants ‘to break the law and come here’

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You can follow Douglas Braff on Twitter @Douglas_P_Braff.

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Biden to lift sanctions on China in exchange for third promise to combat fentanyl



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Reportedly President Joe Biden is making deals with Chinese President Xi Jinping to help improve anti-drug trafficking measures. China is one of the top fentanyl producers and distributors, culminating in a pandemic of fentanyl overdoses and deaths in the United States.

The Biden administration will be lifting sanctions on a Chinese government ministry, in exchange for bolstering anti-drug trafficking measures, Bloomberg reported. “We’re hoping to see some progress on that issue this coming week,” National Security Advisor Jake Sullivan said Monday, according to the New York Post. “That could then open the door to further cooperation on other issues where we aren’t just managing things, but we’re actually delivering tangible results.”

The Daily Caller News Foundation noted that should a deal materialize, it will be at least the third time that China has promised to get tough on fentanyl. In 2016, China agreed to increase counter-narcotics operations, and Xi again agreed to launch a crackdown in 2018. Nonetheless, China and Mexico are “the primary source countries for fentanyl and fentanyl-related substances trafficked directly into the United States,” according to a 2020 DEA intelligence report.

“China remains the primary source of fentanyl and fentanyl-related substances trafficked through international mail and express consignment operations environment, as well as the main source for all fentanyl-related substances trafficked into the United States.”

President Joe Biden and Xi are meeting for the first time in over a year during this week’s Asia Pacific Economic Cooperation (APEC) summit in San Francisco. Sources familiar with the situation told Bloomberg that the People’s Republic of China (PRC) will crack down on Chinese companies manufacturing chemical precursors for fentanyl in exchange for the U.S. lifting sanctions on the Ministry of Public Security’s Institute of Forensic Science, which the Commerce Department added to the Entity List in 2020 for “engaging in human rights violations and abuses” in the Xinjiang Uyghur Autonomous Region.

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