Thread: Chinese financier Le Fang Wei indicted in plot to send nuclear materials to Iran

Can he be executed for this? I know in his Country they would tear him limb from limb.
Chinese financier Le Fang Wei indicted in plot to send nuclear materials to Iran

BY MELISSA GRACE
DAILY NEWS STAFF WRITER

Tuesday, April 7th 2009, 12:32 PM

A Chinese financier was indicted Tuesday on charges of laundering millions of dollars through New York banks to send Iran materials to make nuclear weapons.

Le Fang Wei, 37, used a half-dozen unwitting New York banks along with an assortment of aliases and phony businesses to pull off his sinister plot, Manhattan District Attorney Robert Morgenthau said.

"There's not much doubt that the use is for weapons," he said of the sales. "There is no greater threat to the world today than Iran's efforts to procure nuclear weapons and long range ballistics missiles."

Wei was charged with conspiracy and falsifying records. The Daily News exclusively reported details of the plot Tuesday.

Morgenthau said the banks were unaware of the scheme, where U.S. dollars were funneled through the six financial institutions.

Wei was barred from doing business with any U.S. banks in June 2006 because of his support for Iran's program for weapons of mass destruction.

Prosecutors said he then used fake names and non-existent companies to collect money funneled through the banks. The payment came from Iran in return for materials used to make nuclear weapons, prosecutors said.

The shipments were made directly from Wei's China-based company, Limmt Economic and Trade Company Ltd.

"We may not be able to shut down Mr. Wei's factory, but we can shine a spotlight on his conduct and the conduct of the foreign banks that permit these types of operations to flourish," Morgenthau said.

The banks involved were identified as New York Mellon, Citibank, JPMorgan Chase, Wachovia Bank/Wells Fargo, Bank of America and Standard Charter Bank.

Wei remained free in his native country.

"We're going to try to extradite him," Morgenthau said.

Asked if he expected the Chinese government to assist, Morgenthau replied, "We're always optimists."

Originally Posted by min0 lee

I want to become one of them so that I can find you and stomp on you like a cock-a- roach.

I Promise I won't say anything about China anymore.