Blog dedicated to reporting on Mexican drug cartels
on the border line between the US and Mexico
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Sunday, July 14, 2019

SHCP freezes more than 4 billion cartel pesos, mostly of CJNG

Mica Borderland Beat from Vanguardia

The CJNG cartel is considered one of the most dangerous criminal groups in Mexico and the main rival of the Sinaloa Cartel.

So far in this administration, the Financial Intelligence Unit (FIU) of the Ministry of Finance and Public Credit (SHCP) has frozen 4 billions 600 millions pesos (~242 millons dollars) and 42 million dollars linked to corruption, the theft of hydrocarbons and groups of organized crime, such as the Jalisco Cartel.

The holder of the FIU, Santiago Nieto Castillo , mentioned that at the national level, the Jalisco Nueva Generación Cartel (CJNG) is the criminal group that registers the most illicit operations.


In an interview, Nieto Castillo said that at the moment there are 550 reports of the financial system linked to criminal groups that are being followed up.

In the case of Michoacán, the FIU has received two complaints related to presumed businessmen who are already being investigated, he said.

The federal official said that one of the best ways to deal with crime and money laundering is through the bank institutions, but mentioned that currently only 38 percent of this is managed through banks.

This Friday, in order to face money laundering, corruption and organized crime, the government of Michoacán signed an agreement with the FIU in which the authority will make available to the federal authority all the information it has for the identification of illicit activities.

For his part, the governor of the state, Silvano Aureoles said that affecting the economic structure of criminal organizations can be better fought.

48 comments:

  1. hola de EEUU,it's about time these cartels were put out of business!!
    god bless u all!!

    ReplyDelete
    Replies
    1. HSBC has paid billions of dollars in fines, about 10% of the money's they were discovered to have laundered, the agreement leaves their other money and investments untouched, nobody gets prosecuted or investigated, ut there are other bankers, financiers, politicians, military and police left alone to continue their economic pursuits, there is a lot more money there.
      Good luck getting some of it, be it Mexico, Europe, England or the US, some of the biggest along with China.

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    2. JP Morgan lost a lot more in one ship, MSC Gayane caught in Philadelphia with 20 tons Cocaine load.
      After denouncing AMLO for listening to the people's voice and blaming him for the violence and disorder, JP Morgan has a chance to suck ass.

      Delete
    3. Yeah man..HSBC paid out poxy fines for laundering who knows how much,of course they new nothing and didn't know anything untoward was going on..Fuckin banks and wanksters are the grimiest out there.When do you here of wanksters getting 20s 30s(prison)for dealing in millions,billions,oh i forgot,its non violent white collar crime..How fuckin shady is Goldman Sachs ???

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    4. How much money from taxpayers stolen every day from corporation s and are politicans thru off shore back account s thru lobbyist make all politcans open there offshore bank account then this will look like nothing

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    5. Declare US currency obsolete and it will come back running,
      All the money the US owes around the world has been stolen by trick or treats by the worldly owners of the US foreign debt, they also finance the US wars for profit to make some more coinfrom the destruction and destabilization.

      Delete
  2. When will they go after the bankers and politicians? NEVER

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    Replies
    1. Its quite visible that the big banks like all those financial institutions and supporters never get indicted.

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    2. Grupo Salinas is the head of the pack!

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    3. All over this globe the people you mentioned are the most venal grasping unscrupulous fuckers there are,and they very rarely are held to account,we're in the wrong job brother

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  3. Damn. That’s a hit and a half

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    Replies
    1. @5:33 pm it's since the AMLO Administration started not in 1 bust

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  4. Replies
    1. It was not ALMO, it was the finance department SHCP, but knowing how currupted government is, it will be unfrozen in no time. If this was true the baby killer cartel would come down, possibly just a show of propaganda.

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  5. Drug Cartels and its criminal enterprises can't and will be able to exist without morally bankrupted corrected law enforcement and morally bankrupted corrupted government officials, ranging from the USA Mexican border to the white house.

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  6. Ya era Tiempo, aquí podemos verlos gobiernos Corruptos que no hacían nada Legal

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  7. The politicians are the crooks, governments been crooked since they been around

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  8. They must have refused the government their cut so the big government cartel siezed what they was owed

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  9. Ummm... Breaking news ... This only gappened because Mencho was killed in May. But as much as ya'll know, ya'll don't.

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  10. corruption of mexican officials need to be delt with harsh penalties!

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  11. Theres going to be a bigger war..

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  12. Theres going to be a bigger war..

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  13. Great job!!...keep on ...Amlo...👌

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  14. seems like the strategy of the new president is to hit cartels where it hurts the most: their assets and finances, good move

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  15. Some but not all are monies from cjng, chump change to cartels

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  16. Keep up the good work. Cjng are baby killers. No one like cjng down here. Bunch of drugged up extortionist. F the cjng. Mencho can burn in hell.

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  17. The banks 🙄 that's it I heard to much I'm loosing my damn mind.

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  18. Most of the REAL money is kept underground, bars of gold, real estate in people's names that are dead but unknown to the government. Well at least that's what the smart cartel does. Hint hint, there is a reason they haven't found a penny of senor chapos money. It's well guarded though I'm sure.

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    Replies
    1. They been finding and holding assets from chapo for years now, they even caught her main financier la patrona and others.. that's the reason cds is not that strong as before

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    2. Chapo couldn’t find his own money if he wanted to

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    3. AFO. They never found one dime from Benjamin Arellano Felix.

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    4. 12:23 I'm talking about profits. Come on man. Obviously he's had millions and millions taken along his rise but his empire of money is more than a few 100 properties seized, expensive cars, watches, drugs, cash confiscated over the years. You think Chapo had one money operator. His networks has operators all over the world and segmented so one doesn't know the other. That's how control, order is maintained. You don't think he has hundreds of millions in Dubai real estate, etc . Get with the game. Cells and cells and cells of operators. Probably about 20 groups no one has ever heard of.
      💯

      Delete
  19. Always always follow the money!!

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  20. Use those funds for needed people

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  21. I agree, the banks are the cartels and some politicians are the capos.

    ReplyDelete
    Replies
    1. Along with those wealthy people worldwide. They know the loopholes and to conceal their fortunes

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  22. Corruption will never end. Especially when corruption goes to the presidential groups associated with taking money. There are rumors that the Obama Administration that their hands and pretzel money as the last president of the Mexicans. We need to deal with reality how do you think all these drugs get in?

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  23. they should give that money too the poor

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  24. The blame game.
    From corrupt to putrid.

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  25. Write off 40 mil to the person in charge of this and let’s keep going. Nothing happened

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  26. i uggest CJNG better paint the picture before they meet their quote cause when its time to ride i got the odds and anything may go! who am I? we are LEGION!

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  27. Don't hate the player just cse u don't have the opportunity to do the money laundry doesn't mean u won't do it. I'm sure if u had the chance to get away with it u would do it also

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    Replies
    1. The level of stupid with this one creates an insurmountable obstacle to be legitimate. You are the problem, not the solution.

      Delete

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