Matthew Cox

Well, the Chinese have been doing this for 1,500 years.

This is part of their culture.

And so the triad, the 14K, tapped into this pre-existing Shifen network to get proceeds from Mexico to China to pay for the precursors.

Now, they're charging another 6%, but hey, you're making a fortune on the synthetics.

It's just a modest fee to pay.

But this was set the predicate.

This is when the Chinese first started moving money for the Mexicans.

Now, do you want to discuss examples of...

Yes, that's very prevalent, like I said, throughout ethnic communities in the United States.

So if you're someone who's from the Dominican Republic, you move to New York, it's a large Dominican population.

You know, one of the locals is going to take you around, introduce you to all the stores and all the bodega owners.

Well, once they, you know, once they get comfortable with you and they know you got to, you know, your grandmother lives in Santiago and your fiance lives in Santo Domingo.

And two or three months later, say, hey, I got to give him some money to my mom.

How do I do that?

Every one of these bodegas handles it.

And so this underground banking system is prevalent throughout the United States.

Like, I had to utilize the services once because in 94, I traveled down to Brazil.

So it was initially going to be like a six-week trip.

I was going to, you know, from the week of New Year's, like right after Christmas, through Carnival.

And so I didn't realize, you know, prior to that, I would go every year up until the age of 15.