A federal grand jury in Florence, South Carolina has returned an indictment charging a Buford man and two South Carolina men with conspiring to launder millions of dollars of proceeds derived from drug trafficking.
Nasir Ullah, 28, and Naim Ullah, 32, both of Sumter, S.C., and Puquan Huang, 49, of Buford, are charged with conspiring to launder millions of dollars of proceeds derived from drug trafficking.
Dismantling transnational criminal organizations and Chinese Money Laundering Organizations that support them is a critical priority for the Department. Alongside DEA and our local law enforcement partners, we will continue to prosecute the financial networks that fuel illegal drug trade and profit from the sale of deadly substances,” said Matthew Galeotti, head of the Justice Department’s Criminal Division.
According to court documents, Ullah, Ullah, and Huang allegedly worked for a money laundering organization that laundered at least $30 million in proceeds related to the distribution of illegal drugs, including cocaine and fentanyl, which were unlawfully imported into the United States, typically through Mexico.
They are charged with conspiracy to commit money laundering. If convicted, they each face a maximum penalty of 20 years in prison.