The Laundry Man by Kenneth Rijock ( Penguin/Random House UK)

Saturday, August 8, 2020

TWO KOREAN-AMERICANS CHARGED WITH ILLEGAL EXPORT OF TECHNOLOGY WITH MILITARY APPLICATIONS TO CHINA



Two Americans of Korean extraction were arrested by Federal authorities in New York, in connection with the illegal export, to China, of dual-use electronics components that are used in missile and nuclear technology. CHONG SIK YU a/k/a CHRIS YU and YUNSEO LEE sent the
restricted items through Hong Kong, as later, through South Korea, where they were illegally transshipped (re-exported) to the Peoples' Republic of China. The items they sent to china all have military applications.

The defendant were charged with:
(1) Money Laundering.
(2) Violation of the Export Control Reform Act of 2018.
(3) Wire fraud.
(4) Bank Fraud.

Readers who wish more details may review the Criminal Complaint here.




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