"MX" for Borderland Beat
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| Genaro Garcia Luna served as the Secretary of Public Security from 2006 to 2012. |
The United States Department of Justice added new evidence against Genaro García Luna, former Secretary of Public Security of Mexico. Among them include some incriminating files provided by the Government of Panama that supports the case that Garcia Luna was involved in drug trafficking.
This is the first time that the US government receives evidence from Panamanian authorities for a high-profile drug case. Last July, the US government provided evidence that Garcia Luna was involved in a cocaine shipment that was seized off the Panamanian coast.
The new evidence also includes photographs and videos of Garcia Luna, documents from Mexican judicial authorities, copies of his passport, financial reports, and property records.
García Luna was Secretary of Public Security from 2006 to 2012, during the presidency of Felipe Calderon. In December 2019, he was arrested in Texas, after being accused by the federal authorities in New York of supporting the Sinaloa Cartel. Investigators say he provided protection to the cartel and received millions of dollars from Joaquin 'El Chapo' Guzman, once considered Mexico's most-wanted drug lord.
As reported by Borderland Beat, Garcia Luna hid more than $50 million dollars in tax havens through a network of companies.
"We found the entire García Luna money laundering scheme. [He] hired front companies. Transfers deposits were made in the accounts of the front companies, which were then withdrawn in cash," an investigator from the Financial Intelligence Unit (UIF) confirmed.
The UIF said that this money was moved to accounts established in the United States, Barbados, Hong Kong, Israel, Latvia, Panama, United Kingdom, Cyprus and Curaçao.
In Panama, Garcia Luna paid himself through a company known as Nunvac Inc., which sent him millions of dollars when he lived in Miami and helped maintain his "luxurious lifestyle".
Sources: Milenio; Cobertura 360; Borderland Beat archives
It just gets worse for him. Also, something tells me the U.S. might have another card to play with Cienpedos, they'll be back for him.
ReplyDeleteHave yet to hear a fly catcher catching the same fly twice.
DeleteHe's gone.
8:02 he, Cienpedos is not gone,
Deletehis US accomplices are alive,
AND THAT IS THE PROBLEM.
If they were too fuckin afraid to keep him the first time why would they go after him second time. I mean it was not that he escaped, so why would they be less afraid of this fucker the next time???
DeleteThis dude was accurately portrayed in Netflix’s THE CANDIDATE. Very weasel-like.
ReplyDeleteM.F.
Sorry, portrayed accurately in Netflix’s EL CHAPO.
ReplyDeleteM.F.
Panamá Papers Hath Spoke...
ReplyDeletePanamá's trump tower, Cyprus' Deutshe Bank, all and more involved in trafficking money laundering, and King Making, genaro is big about like a smear of crap.
06-12 oof, Thats cds prime time. Looks like sinaloa will start getting dismantled sooner.
ReplyDeleteI believe this is where Emma Coronels sentence reduction comes in to play.
ReplyDeletePeople do u realize BB is the only true and honest news out of Mexico 🇲🇽. Thank u BB
ReplyDelete9:10 we have been infiltrated by mapaches and raccoons...
DeleteBeware!
@2110 hrs.: BB certainly puts the “mainstream” media to shame.
DeleteM.F.
I hope he has a really long life, in a cell next to chapo.
ReplyDelete