Featured Drugs Trade

Asia-Pacific Drug Trade Thriving as Gangs Make Billions in Profits, UN Says

Asia’s drug lords have established new manufacturing hubs and maritime trafficking routes to ramp up the supply of methamphetamine across the Asia-Pacific, the United Nations crime agency said Thursday. The value of the drug trade in the region is estimated between $30.3 billion and $61.4 billion, the agency said. Seizures… Read More

Atlantic Entrance to Panama Canal Awash with Cocaine

By Saskia Wright and Anastasia Austin, InSight Crime, 10 June 2021 InSight Crime — Panama’s northern province of Colón, sitting at the Atlantic entrance to the Panama Canal, is seeing a staggering increase in drug seizures, raising questions about its role in the Central American cocaine pipeline. Read More

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
9th June 2021
AP — When the FBI dismantled an encrypted messaging service based in Canada in 2018, agents noticed users moving to other networks. Instead of following their tracks to rivals, investigators decided on a new tactic: creating their own service. ANOM, a secure-messaging service built by the… Read More
8th June 2021
U.S. and Australian authorities hacked into an app used by criminals to read millions of encrypted messages, leading to hundreds of arrests of suspected organised crime figures in 18 countries, Australian officials said on Tuesday. “Operation Ironside” by Australian police and the U.S. Federal Bureau of Investigation ensnared suspects in… Read More
8th June 2021
Qantas said it was “disturbed” by claims that some staff may have been involved in organised crime following an Australian media report that gangs had “infiltrated” the airline. The Nine newspapers and 60 Minutes reported the allegations based on a classified intelligence operation. It said agencies… Read More
1st June 2021
The US’ Comptroller of the Currency has said he hopes officials will set up a “regulatory perimeter” for cryptocurrencies. Michael Hsu, who oversees the country’s national banks, told the Financial Times that agencies overseeing the US financial system want to coordinate “a lot more” on the $1.5 trillion cryptocurrency… Read More
31st May 2021
In the world of online crime, anonymous cryptocurrencies are the payment method of choice. But at some point, virtual hauls need to be turned into hard cash. Enter the “Treasure Men”. Finding a Treasure Man is easy if you know where to look. They are listed for hire on Hydra,… Read More
30th May 2021
Authorities on Thursday arrested a local gold shop owner on allegations he was laundering money for border drug smugglers, and impounded assets worth about 30 million. Police and soldiers raided the Phet Thong Sap Thawee Lae Nalika Thong Thae Yaowarat gold shop on U-Thong Road in Muang district. There they… Read More
27th May 2021
ACAMS moneylaundering.com — Professional networks of corrupt attorneys, accountants, real estate agents and other corporate services providers have metastasized across the world to help drug traffickers, kleptocrats and other criminals invest in the U.S., U.K., EU and other safe havens. Sheldon Whitehouse (D-RI), the newly appointed chair of… Read More
27th May 2021
A man who was arrested as part of a long-running investigation into an international invoice redirection fraud is suspected of being a “professional” money-mule recruiter. The suspect, who is aged in his late 20s, was being questioned last night at Lucan garda station, and sources said he “had been on… Read More
26th May 2021
Spanish police have arrested a British former Navy sailor on suspicion of running a “highly professional” drugs trafficking operation with links across Europe. Robert Mark Benson, 64, is alleged to have used his “extensive nautical knowledge” to mount an operation deploying boats tosmuggle drugs across the Strait of Gibraltar. Police… Read More
26th May 2021
By Seth Robbins, InSight Crime, 25 May 2021 InSight Crime — A business magnate who was an alleged leader of El Salvador’s Texis Cartel has escaped justice once again after a court dropped money laundering charges against him. An El Salvador appeals court on May… Read More