Taotao ZHANG

1988-02-14

China

Male

Room 1611B, 16/F, Ho King Commercial Centre, 2-16 FA Yuen Street, MongKok, Kowloon, Hong Kong; Rm. 1705, No. 158, Zhangyang Road, Pudong, Shanghai, China

32030419880214363X, National ID No.

Drug cartel/Mafia

Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) identified Chinese national Taotao Zhang as a Significant Foreign Narcotics Trafficker pursuant to the Foreign Narcotics Kingpin Designation Act (Kingpin Act). OFAC also designated Hong Kong-based Allyrise Technology Group Co., Limited, for being owned, controlled, or directed by, or acting for or on behalf of, Taotao Zhang. Taotao Zhang, a chemist and chemical supplier, has shipped synthetic opioids to the United States via multiple individuals and freight-forwarding services in order to disguise the origin of the substances. Labels disguising the substances contained in the parcel are used to avoid seizure by authorities. Once a package is received in the United States, U.S.-based distributors can generally then press one kilogram of fentanyl into up to one million counterfeit pharmaceutical pills for further distribution to domestic customers. In addition, Taotao Zhang is the director of Allyrise Technology Group Co., Limited, located in Hong Kong. Allyrise Technology Group Co., Limited is a front company for Taotao Zhang’s financial transactions.

US

https://home.treasury.gov/news/press-releases/sm1105

2020-08-25

US

Foreign Narcotics Kingpin Sanctions Regulations, 31 C.F.R. part 598

OFAC-horizontal

Drugs

Blocking Property

The Foreign Narcotics Kingpin Sanctions Regulations, 31 CFR part 598 (FNKSR), implement the Foreign Narcotics Kingpin Designation Act (21 U.S.C. 1901–1908), which provides authority for the application of sanctions to significant foreign narcotics traffickers and their organizations operating worldwide.

SDN