JULY – SEPTEMBER 2018
Posted on September 17, 2018
in Mexico Updates
US, Mexico plan to target drug cartels’ $29bn fortune
The US and Mexico have announced a new front in their battle against drug cartels, modelled on the capture of Sinaloa cartel leader Joaquin ‘El Chapo’ Guzman.
Senior US and Mexican drug enforcement officers have a new plan to take down Mexico’s infamous drug cartels.
They are targeting the groups’ finances.
Estimates have said that the cartels generate about $29bn dollars in revenue annually and have been blamed for about 150,000 murders since 2006.
From the two countries feuding over immigration, the joint announcement comes as a sign that they have a mutual foe in the increasing levels of violence from the drug syndicates.