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Tag: Cartels

Money

Mexican Cartels Launder $10 Billion into US per Year, Says Financial Times

Over $10 Billion in illicit funds are laundered into the U.S. per year, according to a report in the Financial Times. As Breitbart Texas previously reported, the U.S. government recently enacted tough controls on banking institutions in an effort to stem the flow of Mexican cartels’ narco-profits through U.S. banks. Several large U.S.-based banking institutions recently began closing down branches near the U.S.-Mexico border in efforts to comply with the restrictions.

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Armored Blackhawks Arrive at Texas Border

Armored Blackhawk helicopters have arrived at the Texas border with Mexico in response to the recent attack on a U.S. helicopter from Mexican soil. As Breitbart Texas first reported, a Customs and Border Protection (CBP) helicopter was participating in stopping a well-organized drug trafficking effort that involved individuals on both sides of the U.S.-Mexico border. Shots were fired from the Mexican side on the CBP helicopter and it was forced down after sustaining damage.

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Mexicans Making Easy Currency Exchange Profits Thanks to Drug Cartels

Mexican drug cartels, along with an untold number of global criminal and terrorist organizations, launder billions of dollars every year through banks and money service businesses. In order to curb this cartel activity, the Mexican government has severely limited the amount of American dollars that can be deposited into numbered accounts. A side effect of this policy, however, has been that Mexicans and travelers who pass through the country’s airports can quickly and easily profit from buying U.S. dollars at a loss, then selling them a few feet away for pesos at a roughly 3 percent profit.

Mexican Police Convoy (Reuters)

Mexican Tourists Now Traveling with Police Escorts to the US Border

REYNOSA, Tamaulipas — The ever worsening security situation in Mexico has led to a new mode of transportation for Mexican tourists that includes traveling in a convoy with police escorts at speeds of 100 miles an hour or more — all in an effort to avoid getting carjacked by drug cartels on their journey to the U.S. border.

Obama: We Will Begin to Normalize Relationships with Cuba

Obama: We Will Begin to Normalize Relationships with Cuba

Wednesday President Obama announce the U.S. will normalize relations with Cuba. Transcript as follows: We will end an outdated approach that for decades is failed to advance our interests. Instead we will begin to normalize our relations between our two countries.

Exclusive: Leak Reveals Texans Killed in Mexico Had Cartel Ties

Exclusive: Leak Reveals Texans Killed in Mexico Had Cartel Ties

MCALLEN, Texas – The three Texan’s kidnapped and killed in Mexico in October had ties to Mexican cartels, according to a leaked Homeland Security document obtained exclusively by Breitbart Texas.  Mexican news outlets had previously reported the Texans were innocent victims.  A woman

Fugitive Mexican Mayor: US Federal Agents Set Me Up

Fugitive Mexican Mayor: US Federal Agents Set Me Up

Matamoros, Tamaulipas — A former mayor of the Mexican border city of Matamoros claims that a series of money laundering charges brought against him in U.S. federal court are politically motivated in order to keep him from running for Mexico’s

State of Texas to Pull Back National Guard from Border

State of Texas to Pull Back National Guard from Border

AUSTIN, Texas — The State of Texas is set to pull back the Texas National Guard from the Mexican border with claims of replacing them with state troopers and technology. Contrary to widespread belief, Texas leaders did not did not deploy