Four US residents have been charged with a series of money laundering offenses connected to a major “pig butchering” fraud syndicate. Lu Zhang, 36, of Alhambra, California; Justin Walker, 31, of Cypress, California; Joseph Wong, 32, of Rosemead, California; and Hailong Zhu, 40, of Naperville, Illinois, are charged with conspiracy to commit money laundering, concealment money laundering and international money laundering.

Source: Infosecurity Magazine – Information Security & IT Security