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Mexico orders probe into alleged graft linked to ex-president

Mexican President Andres Manuel Lopez Obrador on Wednesday ordered an investigation into allegations the former government irregularly awarded lucrative contracts to a firm allegedly tied to the family of his predecessor, Enrique Pena Nieto. Between 2013 and 2018 Pena Nieto’s government awarded $640 million in contracts to Plasti-Esteril, a firm… Read More

What Lockdown? World’s Cocaine Traffickers Sniff at Movement Restrictions

By Cecilia Anesi, Giulio Rubino, Nathan Jaccard, Antonio Baquero, Lilia Saúl Rodríguez and Aubrey Belford, OCCRP, 20 May 2020 OCCRP — As a wave of coronavirus infections hit Italy in late March, Rocco Molè, a member of the country’s ’Ndrangheta organized crime group, was faced with a dilemma. He was… Read More

FBI probes Mexican, European firms over Venezuela oil trading – sources

The FBI is probing several Mexican and European companies allegedly involved in trading Venezuelan oil as it gathers information for a U.S. Treasury Department inquiry into possible sanctions busting, according to four people familiar with the matter. U.S. Secretary of State Mike Pompeo and special envoy for Venezuela Elliott Abrams… Read More

7th May 2020

US government audit uncovers strategy, funding gaps in fight against trade-based money laundering

The US government has rejected calls for closer monitoring of efforts to fight trade-based money laundering (TBML), despite an independent audit concluding that significant strategic improvements are needed. The Government Accountability Office (GAO) – a non-partisan congressional watchdog – had been asked by US senators to examine the steps taken… Read More

20th April 2020

Mexican authorities query 50 banks in probe of ex-President Peña Nieto and his family

The federal government headed by President Andrés Manuel López Obrador ordered that all accounts and financial movements made by former President Enrique Peña Nieto and his closest relatives during his administration be traced in at least 50 national and foreign banking institutions. The Financial Intelligence Unit of the Treasury Department,… Read More

20th April 2020

‘Cartels are scrambling’: Virus snarls global drug trade

AP — Coronavirus is dealing a gut punch to the illegal drug trade, paralyzing economies, closing borders and severing supply chains in China that traffickers rely on for the chemicals to make such profitable drugs as methamphetamine and fentanyl. One of the main suppliers that shut down is in Wuhan,… Read More

6th April 2020

Mexico Blocks Possible Sinaloa Cartel Accounts

By Will Neal, OCCRP, 3 April 2020 OCCRP — Authorities in Mexico have frozen several financial accounts that may have been used by the notorious Sinaloa Cartel to launder drug money. The Associated Press (AP) reported on Tuesday that the country’s financial intelligence unit, Unidad de Inteligencia Financiera Mexico… Read More

1st April 2020

Las Vegas motel owner was part of federal money laundering, cartel investigation

Alpine Motel Apartments owner Adolfo Orozco and his properties were part of a 2019 Homeland Security investigation into drugs, guns and money laundering linked to the Mexican Mafia and unnamed cartels, records obtained by the Review-Journal show. Special Agent Eric Curry said Monday that the investigation is “ongoing,” but he… Read More

30th March 2020

Accused Mexican money launderer loses bid for refugee status in Canada

It was August 2016 and wealthy Mexican businessman Moises Mansur Cysneiros was in Vancouver, exploring whether to move his family here for “a different cultural experience.” He got a call from his Mexican tax lawyer, Jose Juan Janeiro Rodriguez, urging Mansur to fly to Toronto “to discuss certain tax matters… Read More

19th March 2020

Coronavirus Squeezing Finances of Mexico’s Criminal Groups

Insight Crime — Contacts in China provide Mexican criminal groups with everything from counterfeit luxury goods to chemical precursors for making fentanyl. But with the spread of the coronavirus, shipments from China have dried up and the cartels are feeling the pinch. In February, it emerged that La Unión de… Read More

18th March 2020

In Mexico, a cartel is taking over: Jalisco New Generation

AP — Mexico’s fastest-rising cartel, the Jalisco New Generation gang, has a reputation for ruthlessness and violence unlike any since the fall of the old Zetas cartel. In parts of the country it is fighting medieval-style battles, complete with fortified redoubts, to expand nationwide, from the outskirts of Mexico… Read More

13th February 2020

Spanish police arrest former head of Mexico’s state oil firm Pemex

Spanish police on Wednesday arrested Emilio Lozoya, the former chief executive of Mexico’s state oil firm Pemex, giving President Andres Manuel Lopez Obrador his first high-profile win in his government’s anti-corruption drive. Lozoya, who has not been seen publicly since mid-2019, is accused in Mexico of corruption related to a… Read More

3rd February 2020

El Chapo’s money man goes on run after jailbreak

A former lieutenant of the drug lord Joaquín “El Chapo” Guzmán and two other leading members of his gang have escaped from prison in Mexico City. President López Obrador has ordered an investigation into the escape of Víctor Manuel Félix Beltrán, known as “El Vic”, who fled the capital’s Southern… Read More

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