Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

U.S. demands $12.7 billion in judgment against ‘El Chapo’

U.S. authorities said on Friday they were seeking a court order requiring Mexican drug lord Joaquin “El Chapo” Guzman to forfeit $12.7 billion following his conviction for racketeering and drug trafficking crimes earlier this year.

The sum represents the total amount of cocaine, marijuana and heroin that a jury found Guzman to have trafficked, multiplied by the average prices of those drugs, according to a filing by prosecutors in Brooklyn federal court.

It was not immediately clear what assets, if any, the United States could seize to satisfy the judgment. A spokesman for the prosecutors declined to comment . . .

Read Full Story

Related Posts

Chapala and Ajijic Events Bring a Busy Lake Weekend

Chapala and Ajijic Events Bring a Busy Lake Weekend

Chapala and Ajijic head into a busy lakeside stretch with VinArt, Summer Sound Festival, boat...
Semarnat Clears Riviera Maya Project Near Punta Venado

Semarnat Clears Riviera Maya Project Near Punta Venado

Semarnat authorized a Riviera Maya tourism complex near Punta Venado, raising new questions about coastal...
Los Cabos Blockades Raise Pressure for Faster Talks

Los Cabos Blockades Raise Pressure for Faster Talks

A BCS lawmaker urged faster mediation after Los Cabos road blockades disrupted workers, families, emergency...
El Jorullo Becomes Puerto Vallarta’s Eighth Delegation

El Jorullo Becomes Puerto Vallarta’s Eighth Delegation

Puerto Vallarta approved El Jorullo as its eighth municipal delegation, expanding local representation in a...