Matthew Cox

No, because here's the thing.

And now normally you would say, well, something's going to happen to this guy for undercutting all the other people.

But they need him for the precursors.

So he's essentially untouchable.

And so now it's a race to the bottom.

Who can lower their fees to keep up with the Chinese?

And so what they were doing is essentially what the Mexicans were doing.

But instead of buying goods from American vendors, they're buying it from the Chinese vendors.

So, you know, you go to any Walmart here in the United States and you're going to find a bunch of crap from China everywhere.

But that's how it is in Mexico.

So whether they were buying containers full of clothing, consumer goods, electronics, everything that was coming from China essentially now became a tool to surface capital through trade-based money laundering schemes.

All right.

Now, hold on a second.

Okay.

So from the 2000s up until the 2010s,

This was in conjunction with the Chinese-Mexican operation in Guadalajara, while there's still a parallel operation going on in Los Angeles, the black market, Peso exchange, standard conventional model.

Well, that really blew up in the early 2010s when there was an investigation called Operation Fashion Police that resulted in raids of over 200 businesses.

And this is all in Los Angeles.

You know, L.A.

is such a prime hub for money laundering because L.A.