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IPFS News Link • Crime

Chinese National Arrested Illegally Entering The US With Over $28,000 Worth Of Gold Bars

• by Tyler Durden

...7 for much of the past five months, and according to Goldman's preferred gauge of FX flows, China experience a modest outflow of around US$9bn in June (vs. US$19bn inflows in May).

Alas, as the recent price action in gold and cryptos indicates, the scramble to circumvent China's great capital firewall are accelerating, with the following example of smuggling making a clear case that China's smart money is once again on the march.

According to an Aug 6 release by the US Customs and Border Protection, while conducting operations near Amity, Maine, U.S. Border Patrol Agents from the Houlton Border Patrol Station apprehended a 36-year-old Chinese national who was found to have illegally entered the United States from Canada.