Criminal proceeds recovery: Innocent investors have cash locked in money-launderer Cathay Hua’s assets

Ye “Cathay” Hua laundered at least $18 million for Xavier Valent’s drug syndicate and is currently serving a seven-and-a-half-year prison sentence. An investor, Min Hu, who unknowingly invested over $61,000 in Hua’s company, is engaged in a complicated court battle to recover her money, which is crucial for her house deposit. This amount, part of which was a wedding gift from her parents, is small compared to the hundreds of millions handled by Hua’s enterprise and the $27.5 million earned through his illegal activities.

Full Article