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Recent arrests reveal more about how cartel wives help run operations for Mexico’s powerful Sinaloa cartel

The infamous Sinaloa Cartel is relying on its wives to keep its more complicated operations going, according to cartel operatives, security analysts, and government indictments. The arrests of Emma Coronel Aispuro, the wife of jailed kingpin Joaquin “El Chapo” Guzman, and of Mia and Olivia Flores, wives of Pedro and… Read More

Mexico’s $300 million in spyware spending included kickbacks: FIU chief

AP — Mexico’s top anti-money laundering investigator said Wednesday that officials from previous administrations from 2012 to 2018 spent about $300 million in government money to purchase spyware from the Israeli spyware firm NSO Group. The bills for programs like the Pegasus spyware appear to have included… Read More

Pemex’s trading arm bans new business with Trafigura

The commercial arm of Mexican state oil company Petroleos Mexicanos (Pemex) has temporarily banned new business with Trafigura AG, according to a document and a source, as investigations into the energy trader’s conduct in several countries deepen. The world’s largest independent commodity traders here are facing scrutiny globally for alleged… Read More

27th June 2021

Mexico wants Vitol to reveal name of Pemex official who received bribes

Mexico wants Dutch energy giant Vitol to reveal the name of the state oil company official to whom Vitol paid bribes, President Andres Manuel Lopez Obrador said on Thursday. Petróleos Mexicanos, known as Pemex, is reviewing its contracts with Vitol in search of better terms after the company admitted to… Read More

24th June 2021

Ex-Mexican governor sentenced to 3 years in US prison

AP —A U.S. judge in Texas on Wednesday sentenced a former governor of a northern state in Mexico to three years in prison following his guilty plea last year in a money laundering scheme, prosecutors said. Former Coahuila state Gov. Jorge Juan Torres López, 67, had pleaded guilty to… Read More

18th June 2021

How a vast network allowed Venezuela to evade US oil sanctions

By Javier LaFuente, Elías Camhaji, Zorayda Gallegos, Georgina Zerega, Roberto Deniz and Ewald Scharfenberg, El País, 16 June 2021 El País — On March 7, 2019, Venezuela was plunged into darkness. What most assumed was just another blackout lasted an hour, then another, and continued: one… Read More

11th June 2021

Wife of ‘El Chapo’ Pleads Guilty to Drug and Laundering Conspiracy

The wife of Mexican drug kingpin Joaquin “El Chapo” Guzman pleaded guilty on Thursday to narcotics trafficking and money laundering conspiracy charges, almost two years after Guzman was sentenced to life in prison. Emma Coronel Aispuro, 31, has been in U.S. custody since she was arrested at Dulles International Airport… Read More

26th May 2021

U.S. charges ex-Austrian bank CEO in Odebrecht bribery scheme

U.S. prosecutors said the former chief executive of an Austrian bank was arrested on Tuesday and charged with involvement in a long-running bribery and money-laundering conspiracy involving the Brazilian construction company Odebrecht SA. Peter Weinzierl and co-defendant Alexander Waldstein, both of Austria, were accused of conspiring from 2006 to 2016… Read More

21st May 2021

Mexico says FBI investigating governor’s links to money laundering

The governor of the Mexican border state of Tamaulipas is under investigation by the U.S. Federal Bureau of Investigation for alleged money laundering, Mexico’s president said on Thursday, less than three weeks before pivotal midterm elections. President Andres Manuel Lopez Obrador showed a letter from an FBI representative that said… Read More

18th May 2021

Smugglers Head to the Pacific, Ferrying People From Mexico to the US

By Seth Robbins, InSight Crime, 17 May 2021 InSight Crime — A boat that capsized off California’s shores carrying some 30 people, who paid more than $15,000 each to be shuttled from Mexico to the United States, offers the latest evidence of how smuggling operations are… Read More

13th May 2021

How Chinese Criminals Secretly Move Millions for Mexico Cartels

By Chris Dalby, InSight Crime, 12 May 2021 InSight Crime — While the involvement of Chinese money-laundering rings in handling drug proceeds from Mexico is nothing new, a number of recent court cases in the United States have revealed crucial information about how these schemes work. Read More

4th May 2021

‘Imagine the memes’: After El Chapo, Mexico frets about release of another drug lord

Mexican President Andrés Manuel López Obrador worried on Monday (Tuesday AEST) that yet another shadowy release of a drug lord is about to make Mexico a target of international ridicule. Almost eight years ago, drug lord Rafael Caro Quintero walked out of a Mexican prison late at night with an… Read More

4th May 2021

U.S.-Mexico Efforts Targeting Drug Cartels Have Unraveled, Top DEA Official Says

A senior Drug Enforcement Administration official told NPR efforts to target drug cartels operating inside Mexico have unraveled because of a breakdown in cooperation between law enforcement agencies and militaries in the two countries. “We’re willing to share [intelligence] with our counterparts in Mexico, but they themselves are too afraid… Read More

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