LA toy company laundered $9M for cartels

KABC | January 31, 2012

LOS ANGELES — Two sisters who ran a Los Angeles toy company will go to prison for helping Columbian and Mexican drug cartels launder nearly $9 million.

Meichun Cheng Huang of Irvine and Ling Yu were sentenced to three years each Tuesday. Both were also fined $20,000.

Their company, Angel Toy Corporation, was ordered to forfeit $1 million.

Attorneys for Huang and Yu maintained their clients weren’t aware the cartels were funneling money through their company, which sells things like cuddly teddy bears and Topo Gigio mouse dolls.

The judge, however, was not convinced.

“They knew exactly what they were doing,” he told the court Tuesday.

Source article: http://abclocal.go.com/kabc/story?section=news/local/los_angeles&id=8526690

Posted by on Jan 31 2012. Filed under News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply

*

Search Archive

Search by Date
Search by Category
Search with Google

Photo Gallery

Log in |
  • Home
  • Hispanic Gangs
  • Homies Figures – The Original Homies
  • Prison Gangs
  • The Inside Man – Confidential Informant, Los Angeles Gangs & the LAPD
  • Email
  • Connecticut Drug Threat Assessment report – 2003
  • Dianne Feinstein Report, The Gang Prevention and Effective Deterrence Act: Combating the Spread of Gang Violence – 2003
  • National Alliance of Gang Investigators 2005
  • L.A. Area Terrorized by Marauding Youngsters
  • Other Cities
  • Three persons were killed by shotgun blast in hotel on Vermont Avenue, 1979
  • Jamiel’s Law, proposed by Mayoral candiate Walter Moore
  • MAYOR VILLARAIGOSA, CHIEF BRATTON, AND LOCAL AND FEDERAL LAW ENFORCEMENT AGENCIES ANNOUNCE MAJOR CRACKDOWN ON L.A. STREET GANGS
  • Los Angeles Police Gang Enforcement Initiaitives – 2007
  • My Kingdom Come – 2015
  • Passing of Vincent A Alonso
  • Bibliography on street gangs for the gang researcher
  • Cal State Long Beach T-Shirt from “Oldest Bloods” Series
  • Four Pacc Crips car alliance (42, 43 & 48)
  • SG Music Group
  • Crip Gangs
  • Bloods
  • Asian Gangs
  • Forums
  • Shop
  • Injunctions
  • Contact information streetgangs.com
  • Resources
  • Contact