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America offers US$4 million bounty for arrest of Chinese money launderer

  • Posted on April 24, 2026
  • By South China Morning Post
  • 0 Views
  • 1 min read
In brief

The United States Department of Justice has announced a substantial $4 million reward for information leading to the capture of Daren Li, a fugitive accused of orchestrating an international money laundering scheme. Li allegedly exploited cryptocurrency platforms to conceal illicit proceeds generated through widespread fraud and scams targeting victims across Southeast Asian markets. His escape from U.S. jurisdiction represents a significant enforcement challenge in combating transnational financial crimes and digital currency abuse.

America offers US$4 million bounty for arrest of Chinese money launderer
America offers US$4 million bounty for arrest of Chinese money launderer

Daren Li fled the US after admitting he conspired to launder funds obtained from victims in cryptocurrency scams and fraud in Southeast Asia.
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Author
South China Morning Post

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