From: Richmond Times-Dispatch
A Fredericksburg businessman was charged Thursday with conspiracy to launder $12.2 million in cash proceeds from illegal cigarette trafficking.
Yinhau Chen, 33, also known as Steven Chen, and unidentified co-conspirators allegedly used credit cards to purchase at least $13.8 million worth of cigarettes from Virginia wholesalers from March 2014 until June and sold the overwhelming majority of them to people who intended to smuggle them out of Virginia for illegal sale.
