Over 1,200 individuals prosecuted for drug-related money laundering offenses since 2025: SPP
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BEIJING -- Authorities across China prosecuted over 1,200 individuals for drug-related money laundering offenses from January 2025 to May 2026, the Supreme People's Procuratorate said Thursday.
Miao Shengming, deputy procurator-general of the SPP, said at a media conference that procuratorial authorities have thoroughly investigated and cracked down on money laundering offenses, and vigorously advanced the recovery of drug-related illicit assets.
In one major cross-border drug smuggling, trafficking, and money laundering case, a convict surnamed Li was sentenced to death. The case involved the laundering of over 48 million yuan (around $7.04 million) through virtual currencies, Miao said.
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