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

puerto vallarta mayor

Petition seeks recall of Puerto Vallarta Mayor Munguía

A new Change.org petition urges a recall of Puerto Vallarta Mayor Luis Ernesto Munguía amid...
mexico birth certificates

Foreigners Obtain Mexican Birth Certificates in Fraud Scheme

Mexican officials uncovered a corruption ring that issued legitimate-looking Mexican birth certificates to foreigners, now...
El Estúpido arrested in CDMX

US Arrests Over 1,000 Sinaloa Cartel Suspects in 43-Day Sweep

US authorities arrested 1,041 Sinaloa cartel and 856 CJNG suspects across the country in 43...
purple snail

Oaxaca honors last purple snail dyers to save ancient art

A handful of Mixtec elders in Oaxaca keep alive a millennia-old craft of milking sea...