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

How Cartels Operate Through Mexico’s Supply Chains Now

How Cartel Power Hides in Mexico’s Everyday Business

A long-form explainer on how cartel influence moves through fuel, freight, payroll, customs and mining,...
Mexico's World Cup Security Test Has Already Begun

Mexico’s World Cup Security Test Has Already Begun

As World Cup deadlines near, Mexico's security push is becoming a test of logistics, credibility,...
USMCA Review Will Test ’s Nearshoring Model This Year

Why Mexico’s Nearshoring Strategy Runs Through USMCA

Mexico’s nearshoring strategy depends on USMCA rules. The 2026 review will show how secure its...
puerto vallarta news

Puerto Vallarta Morning Briefing: March 7 Daily Update

Top stories for Puerto Vallarta today include heat and UV, bridge detours, security posture, cruise...