Analysis and Commentary on Money Laundering, Terrorist Financing and Financial Crime
Thursday, August 1, 2013
OFAC NAMES MONEY-LAUNDERING MEXICAN ATTORNEY AS KINGPIN FOR SINALOA CARTEL
The US Treasury has named Mexican lawyer Jose Antonio Nuñez Bedoya, also known as "El Mayo", as a Specially Designated Drug Trafficking Kingpin (SDNTK). Nuñez, who reportedly formed front companies, and laundered narcotics profits, for the Sinaloa Cartel, was involved in suspect real estate purchases, and with cash-intensive businesses controlled by the cartel.
Any reader who wants to see a full-size version of the above chart can view it here.