China, US jointly tackle case involving cross-border chemicals trafficking, illegal settlement of foreign exchanges

Law enforcement agencies in China and the US recently collaborated to tackle a case of cross-border trafficking of chemicals and illegal settlement of foreign exchanges, the Xinhua News Agency reported on Friday, citing China's Ministry of Public Security (MPS).

Following up on the clues tapped by the US side, the MPS deployed Hubei provincial public security authorities to investigate a suspect surnamed Gao, 38-year-old, and others. It was uncovered that Gao and others had been taking advantage of the differences among national chemical import/export control regulations to illegally trade chemicals and conduct illegal settlement of foreign exchanges.

Currently, the company operated by Gao has been deregistered, and four main suspects have been arrested by the public security organs. The case is under further investigation.

During the course of the joint investigation, both countries' law enforcement departments shared information and briefed each other over the case's progress.

On Thursday, MPS said law enforcement agencies of the two countries recently collaborated to tackle a transnational telecommunications fraud, recovering more than $1.7 million for a company in East China's Zhejiang Province and its US partner.