SOFX ALERT
Blackwater’s Founder Is Under Investigation for Money Laundering, Ties to Chinese Intel, and Brokering Mercenary Services
Blackwater USA founder Erik Prince is sworn in on Capitol Hill in Washington, Tuesday, Oct. 2, 2007, prior to testifying before the House Oversight Committee hearing examining the mission and performance of the private military contractor Blackwater in Iraq and Afghanistan. (AP Photos/Susan Walsh)

Blackwater’s Founder Is Under Investigation for Money Laundering, Ties to Chinese Intel, and Brokering Mercenary Services

RIK PRINCE, founder of the now-defunct mercenary firm Blackwater and current chairman of Frontier Services Group, is under investigation by the U.S. Department of Justice and other federal agencies for attempting to broker military services to foreign governments and possible money laundering, according to multiple sources with knowledge of the case.

What began as an investigation into Prince’s attempts to sell defense services in Libya and other countries in Africa has…

Source: Blackwater’s Founder Is Under Investigation for Money Laundering, Ties to Chinese Intel, and Brokering Mercenary Services