Man Charged in Money Laundering Scheme
Federal charges allege a conspiracy to launder fraud proceeds through bank accounts in China and Hong Kong.
2 reports on this incident · first at Aug 29, 2026, 2:48 a.m. ET
Earlier reports
Aug 29, 2026, 2:48 a.m. ETFirst report
Five Men Indicted in Nationwide Money Laundering Scheme
Five men, including Hsin Chien, 31, of Bothell, have been charged in the Western District of Washington with conspiracy to commit money laundering, 10 counts of money laundering by concealment, and 10 counts of money laundering by spending, according to the Bothell Reporter.
The indictment alleges the men were part of a conspiracy to launder fraud proceeds by sending the funds to bank accounts in China and Hong Kong. The charges were announced on August 28, 2026, and the case is being investigated by Homeland Security Investigations.
The charges carry statutory maximums of up to 10-20 years in prison and fines between $250,000 and $500,000 or more. These are only allegations, and the case has not been decided; the defendants are presumed innocent until proven guilty.
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- Version 129 Aug 2026, 06:53current
First published.
- Version 129 Aug 2026, 06:48current
First published.
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