Tuesday, November 22, 2011

Sinaloa Cartel Lost $15.3 Million In Cash During Seizure By Mexican Military In Tijuana

Photo: PGR

Military discovered millions in U.S. cash in stacks of one hundred bills inside a vehicle during a routine check at bordertown.

By H. Nelson Goodson
November, 22, 2011

Tijuana, Baja California, Mexico - On Tuesday, the Mexican Secretary of Defense (Sedena) and the Mexican Federal Attorney General's Office (PGR) announced during a press conference in Mexico City, that a military patrol discovered and confiscated more than $15,350,000 million U.S. in cash and $215,038,150 pesos ($16.5 thousand U.S.) inside a vehicle during a routine stop. They also found jewelry and 3 packages of cocaine (3 kilograms), two high power rifles, two small weapons believed to belong to the Sinaloa Cartel operating in the Tijuana region. The cash seizure was made last Friday at the Cumbres de Juárez neighborhood in Tijuana.
The PGR reported it was the second largest cash seizure by the military since September 14, 2008, when $26.2 million in U.S. cash was seized from the Sinaloa Cartel in Culiacán, Sinaloa.
It's the second largest financial blow to Sinaloa drug lord Joaquin "El Chapo" Guzman Leora, who remains a fugitive and a $5 million U.S. dollars reward has been offered by the U.S. government. The Mexican government has created a special task force to locate El Chapo. He has eluded authorities for ten years after escaping from a Mexican prison.

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