U.S. Indicts and Brings Forfeiture Action against Four Chinese Nationals and China-Based Company for Evading North Korea’s Nuclear Weapons Programs

On September 26, 2016, the U.S. Department of Justice announced that it unsealed  a criminal complaint against  four Chinese nationals and a trading company based in Dandong, China  for conspiring to evade U.S. economic sanctions and violating the Weapons of Mass Destruction Proliferators Sanctions Regulations (WMDPSR) through front companies by facilitating prohibited  U.S. dollar transactions through the U.S. on behalf of a sanctioned entity in the Democratic People’s Republic of Korea (North Korea) and to launder the proceeds of that criminal conduct through U.S. financial institutions.