King Midas is suspected of whitewashing capital of drug trafficking for the heads of the Sinaloa Cartel “El Chapo” Guzmán and “El Mayo” Zambada and will be tried in California
Photo: Iván Villanueva / EFE
Monday, October 7
Mexico extradited King Midas, financial operator of the Sinaloa Cartel to the United States
The Mexican authorities extradited to the United States Juan Manuel Álvarez Inzunza, known as El Rey Midas and accused of being a financial operator of the Sinaloa Cartel until his arrest in 2015, reported this Friday the Attorney General’s Office (FGR).
In a statement, the FGR reported that the alleged offender was required by the Federal District Court for the Southern District of California and was handed over to be processed for “his probable responsibility in the crimes of criminal association, against health ( drug trafficking ) and money laundering“.
Álvarez Inzunza was part of an organization criminal, in which he “probably” carried out activities of money laundering , purchase, distribution and importation of cocaine and methamphetamine, into territory
In addition, is presumed provided his services in money laundering for the main leaders of the Sinaloa Cartel, among them to Joaquín “el Chapo” Guzmán and Ismael “El Mayo” Zambada.
According to estimates by the Federal Police during his arrest in 2016 , is believed to have bleached between $ 300 Y $ 550 millions of dollars annually during the last decade.
In addition, inquiries do not rule out their participation in an int network money laundering .
The Sinaloa Cartel is one of the most powerful Mexican criminal organizations and has been led by Ismael “El Mayo ”Zambada and Joaquín“ El Chapo ”Guzmán, captured last January for the third time after two escapes and imprisoned in a maximum security prison.
The alleged drug trafficker, who was arrested in March of 2016 in the southern state of Oaxaca, was designated in the list of leaders of the drug trafficking by the United States Office of Foreign Assets Control.
The FGR reported that the delivery of the alleged offender was made in the Aero International port of the City of Toluca, State of Mexico to US agents for their transfer to that country as part of the Extradition Treaty in force between the United States and Mexico.
The Department of Justice reported the extradition
The Department of Justice reported in a statement that on March 6, 2015, a grand jury federal meeting in the Southern District of California issued a formal indictment against Álvarez -Inzunza for conspiracy to launder monetary instruments and conspiracy to import and distribute cocaine and methamphetamine.
Alleged Money Launderer for the Sinaloa Cartel Extradited https://t.co/Qul3aTFqzT
– US Attorney CAS (@SDCAnews ) June 4, 2021
Álvarez-Inzunza was previously designated under the Law for the Designation of Foreign Narcotics Capos for his role in the provision of services of money laundering to the main leaders of the cartels, including Joaquín “El Chapo” Guzmán Loera.
Álvarez-Inzunza was arrested by Mexican law enforcement officers in March of 2016, at the request of the United States. Since his arrest in Mexico, Álvarez-Inzunza has been detained pending extradition to the United States and was transferred by the United States Marshals Service from Mexico City to San Diego on June 2, 2021.
Acting US Attorney Randy Grossman stated in the statement: “Today is a reminder that international drug lords and money launderers who profit from the shipment of narcotics to our community are not safe from prosecution. We will work with our international partners to bring them to justice wherever they reside. ”
With information from EFE
We recommend you
