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Two Charged in Suspect $1 Billion Transfer Using N.Y. Credit Union

Two people were charged with using a New York state employees credit union to process more than $1 billion in suspect financial transactions while failing to file suspicious-activity reports or maintain adequate anti-money-laundering controls. Gyanendra Asre, 53, and Hanan Ofer, 67, persuaded the New York State Employees Federal Credit… Read More

Former Mexican senator hit with criminal charges tied to energy reform

Mexican prosecutors on Tuesday filed criminal charges against a former senator who under the previous government helped to pass a major energy reform which President Andres Manuel Lopez Obrador has attacked as tainted by corruption. Prosecutors charged Jorge Lavalle, a senator with the center-right National Action Party (PAN) during the… Read More

Former Gunvor employee pleads guilty in Petroecuador bribery case

A Canadian man once employed by the commodities trading house Gunvor Group pleaded guilty on Tuesday to involvement in what U.S. prosecutors called a scheme to bribe Ecuadorean government officials to win business from state-controlled oil company Petroecuador. Raymond Kohut, 68, entered his plea to a money laundering conspiracy charge… Read More

1st April 2021

Leading GOP Senator Calls for Probe of Avantor Sales in Mexico

A top Republican lawmaker said he will press the Senate to investigate Avantor Inc. and other companies that sold internationally controlled drug-making chemicals into Mexico’s “unregulated and corrupt market” amid a narcotics epidemic in the U.S. Texas Senator John Cornyn, who serves on both the Judiciary Committee and the… Read More

1st April 2021

Latin America Elites Seek Corrupt Access to Vaccines

The seizure in Mexico of COVID-19 vaccine smuggled aboard a private plane linked to a Honduran textile magnate marks the first instance of alleged transnational vaccine smuggling in Latin America — in a mysterious case that betrays a pattern of clandestine deals between economic and political elites keen to access… Read More

23rd March 2021

Experts Distrust Mexican President’s Anti-Secrecy Bill

By Julett Pineda, OCCRP, 22 March 2021 OCCRP — Mexico’s President has proposed a bill that would make graft cases involving public servants and human rights violations public. The move is supposed to make corruption investigations more transparent but experts said they will believe it when… Read More

22nd March 2021

Mexico probe links border governor to luxury properties

AP — Mexico’s agency for curbing money laundering said Friday the governor of the northern border state of Tamaulipas owns a large number of luxury properties that it says don’t match the income from his government jobs over the last 20 years. The Financial Intelligence Unit said… Read More

16th March 2021

Brazil’s Braskem Probes Bribery Claims in Mexico

Braskem SA has opened an internal investigation into bribery allegations made last year by the former chief executive of Mexico’s state-run oil company, according to a securities disclosure. The Brazilian petrochemical company said in a filing Friday that it hired an unnamed U.S. law firm to review the claims… Read More

3rd March 2021

Two Ecuadorians charged with money laundering in Miami that cost police pension millions

A money laundering trail totaling hundreds of millions of dollars that stretched from Latin America to South Florida has ended with corruption charges against a former Ecuadorian official and an investment manager once based in Miami. John Luzuriaga Aguinaga, 52, was arrested Monday on charges of accepting about $1.4 million… Read More

1st March 2021

Latin America’s Bustling Trade in Seahorses to China

By Max Radwin, InSight Crime, 27 February 2021 InSight Crime — An investigation has identified Mexico as a major contributor to a global seahorse trafficking network centered around China but this trade is also affecting other Latin American nations. The report, published in February by Mongabay… Read More

24th February 2021

Mexico moves to strip Tamaulipas governor’s immunity for alleged organized crime links

Mexico’s attorney general’s office has asked lawmakers to strip the governor of the violent northern state of Tamaulipas of his immunity, alleging probable cause for money laundering and ties to organized crime, a ruling party leader said on Tuesday. Ignacio Mier, the majority leader of Mexico’s lower house of Congress,… Read More

23rd February 2021

US detains wife of Mexican drug cartel chief El Chapo

The wife of Joaquin “El Chapo” Guzman, the imprisoned former leader of Mexico’s Sinaloa drug cartel, has been arrested over her alleged involvement in international drug trafficking, the US Department of Justice said. Emma Coronel Aispuro, 31, who regularly attended her husband’s trial two years ago, was arrested on Monday… Read More

22nd February 2021

Hide and Seek: How Drug Traffickers Get Creative at Sea

Drug traffickers engage in a creative game of hide and seek with coast guards and other security forces that board their ships at sea. Rubén Navarrete, a Mexican Navy captain based in the western state of Michoacán, told Televisa News last November that those dedicated to maritime smuggling could only… Read More

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