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

Mexico Creates Midwifery Committee for Safer Births

Mexico Creates Midwifery Committee for Safer Births

Mexico created a National Midwifery Committee to coordinate maternal care policy and reduce preventable maternal...
Mexico Navy Seizure Shows Pacific Drug Route Risks

Mexico Navy Seizure Shows Pacific Drug Route Risks

Mexico’s Navy reported 63 bundles of suspected cocaine in three Pacific operations, along with 11...
US Fentanyl Strategy Puts Mexico Under New Pressure

US Fentanyl Strategy Puts Mexico Under New Pressure

The U.S. fentanyl strategy treats cartels as a national security threat, raising legal, diplomatic and...
Mexican peso gains

US Dollar Slips as Peso Ends Near 17.25 in Mexico Today

The dollar closed near 17.25 pesos on May 6 as the peso gained on lower...