Puerto Vallarta News

Puerto Vallarta News

Special Report: Meet the Chinese ‘brokers’ laundering Mexican drug money

Early next year, a Chinese businessman named Gan Xianbing will be sentenced in a Chicago courtroom for laundering just over $530,000 in Mexican cartel drug money.

Gan, 50, was convicted in February of money laundering and operating an unlicensed money-transfer business that whisked cartel cash from U.S. drug sales offshore. Gan has maintained his innocence; his lawyers say he was entrapped by U.S. authorities. The trial garnered few headlines and little of the public fascination reserved for kingpins of powerful narcotics syndicates that U.S. federal prosecutors said Gan served.

Still . . .

Read Full Story

Related Posts

Expats urge closure of Animalandia on Playa's Fifth Ave

Expats urge closure of Animalandia on Playa’s Fifth Ave

Change.org petition shared by Playa del Carmen expats urges closure of Animalandia, alleging wildlife is...
Mexico Vows Not to Cede Control of Critical Minerals

Mexico Vows Not to Cede Control of Critical Minerals

Claudia Sheinbaum says Mexico won’t cede control of its lithium and other critical minerals. She...
Mexican Navy seizes 4.5 tons of cocaine in Pacific with U.S. Coast Guard Assistance

Mexican Navy seizes 4.5 tons of cocaine in Pacific with U.S. Coast Guard Assistance

Mexican Navy and US Coast Guard intercepted a boat west of Isla Clarión, detaining five...

What’s happening this weekend in Puerto Vallarta

Your three-day Puerto Vallarta Valentine plan: chalk art, Saturday markets, book-now beachfront dinners, and Sunday...