Matthew Cox

Well, yes, and then they use it primarily to, you know, they want to make investments in our financial system.

They want to buy property.

You know how many kids are Chinese nationals that are going to UC Berkeley or going to Stanford?

Well, you're going to need a lot more than $50,000 a year to go to Stanford.

So they're paying for college tuition.

And so this is an enormous opportunity

for the Mexicans to say, hey, we can get all our money laundered for 0.5% to 1%.

And what does this do?

Well, prior, like back in my era, they had to have an entirely separate operation just for the laundering.

That's a network of safe houses, a network of drivers, a network of couriers.

All that is gone.

As soon as the money comes to LA, you got one guy, go meet with the Chinese guy, drop it off.

And so every day you've got a Chinese courier meeting with a Mexican courier, 300,000 here, 450 here, 650 here, and they can't meet the supply.

And so you've seen this level of panic set in within the American law enforcement community because there's very little opportunity to thwart any of these operations.

The cartels are getting rich.

They went from paying 10%, 12% to paying 1%.

And they removed all the infrastructure costs.

And so this is a game changer in the drug world.

Well, it's illegal.

And the thing is, for the Chinese operations in Los Angeles, this is essentially a side hustle dealing with the Mexicans.