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Tag: Colombians

U.S.-Mexico Only Nabbing a Fraction of Drug $$$ Being Smuggled South into Mexico

US Mexican borderBy Allan Lengel
ticklethewire.com

Despite their efforts, U.S. and Mexican authorities are seizing no more than one percent of the billions of dollars in drug proceeds being smuggled south into Mexico, according to an analysis by the Washington Post.

The cash is being smuggled in spare tires, engine transmissions and truckloads of baby diapers, the Post reported. In other words, any way you can imagine.

In all, the drug traffickers and the Colombian suppliers smuggle $20 billion to $25 billion a year in U.S. bbank notes across the border, the Post reported.

“If we fail to curtail these money flows, the confrontation with organized crime will generate more violence and more corruption,” Carlos Pascual, the U.S. ambassador to Mexico, said at a border conference in El Paso this month, according to the Post.

To read more click here.