Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

A Look Back:  How Cartels In Mexico Have Diversified Their Income

A Look Back: How Cartels In Mexico Have Diversified Their Income

FromThe Epstein Chronicles


A Look Back: How Cartels In Mexico Have Diversified Their Income

FromThe Epstein Chronicles

ratings:
Length:
17 minutes
Released:
Apr 22, 2024
Format:
Podcast episode

Description

Mexican drug cartels have a long history of infiltrating various businesses to diversify their income streams and legitimize their illicit wealth. Here is a summary of how they have accomplished this:Money Laundering: Cartels often use legitimate businesses, such as restaurants, bars, and nightclubs, to launder their drug profits. They commingle drug money with the revenue from these businesses, making it difficult for authorities to trace the illegal funds.Front Companies: Cartels establish front companies, which appear to be legal entities engaged in legitimate activities. These companies can include construction firms, agricultural enterprises, or even real estate ventures. The primary purpose is to provide a cover for their criminal operations.Corruption: Cartels corrupt law enforcement officials, politicians, and public servants to protect their interests and facilitate their operations. Bribery and coercion are common tactics used to ensure cooperation from authorities.Transportation and Logistics: They infiltrate the transportation industry, including trucking companies and cargo services, to facilitate the movement of drugs across borders. They also manipulate shipping routes to hide drug shipments in legal cargo.Extortion: Cartels often extort money from local businesses, threatening violence or harm if business owners do not comply. This provides a significant source of income while instilling fear in the community.Mining and Natural Resources: Some cartels are involved in illegal mining and extraction of natural resources, such as precious metals or timber. They use these activities to launder money and fund their operations.Agriculture: Cartels may control large swaths of agricultural land, where they grow illegal crops like marijuana and poppies for drug production. They sometimes disguise these operations as legal farming activities.Retail and Wholesale: Cartels may infiltrate the retail and wholesale distribution of legal products. They can use their influence to control supply chains and distribution networks, which can include food, beverages, and consumer goods.Money Exchange and Financial Services: They may operate their own money exchange or remittance businesses to move money across borders and circumvent financial regulations.Real Estate: Cartels invest in real estate, including luxury properties and land acquisitions, as a way to park their illicit wealth and generate additional income through rentals and sales.Protection Rackets: Cartels offer "protection" services to local businesses, forcing them to pay regular fees in exchange for safety from cartel-related violence. This is another form of extortion.Cybercrime: Some cartels have ventured into cybercrime, engaging in activities such as hacking and online fraud to generate revenue and launder money.The infiltration of these various sectors allows Mexican drug cartels to diversify their income streams, legitimize their wealth, and maintain a strong grip on the communities in which they operate.(commercial at 7:59)to contact me:bobbycapucci@protonmail.comsource:From chickens to cabs: Drug cartels expand across the Mexican economy | Economy and Business | EL PAÍS English (elpais.com)Become a supporter of this podcast: https://www.spreaker.com/podcast/the-epstein-chronicles--5003294/support.
Released:
Apr 22, 2024
Format:
Podcast episode

Titles in the series (100)

Jeffrey Epstein was a multi millionaire who had political and business ties to some of the most rich and powerful people in the world. From businessmen to politicians at the highest levels, Epstein broke bread with them all. Yet for years the Legacy media and the rest of high society looked the other way and ignored his behavior as multiple women came forward with allegations of abuse. Even after he was convicted and subsequently received a sweetheart deal those same so called elites welcomed him back with open arms. Now after his death and the arrest of Maxwell, the real story is starting to come together and the curtain has begun to be drawn back and what it has revealed is truly disturbing. From Princes to Ex Presidents, the cast of scoundrels in this play spans continents and political affiliations leaving us with a transcontinental criminal conspiracy possibly unlike any we have ever seen before. In this podcast we will explore all of the levels of Jeffrey Epstein and his criminal enterprise. From his most trusted assistants to obscure associates, we will leave no stone unturned as we swim through the muck searching for clarity and answers to some of the most pressing questions of the case. From interviews with people directly involved in the case to daily updates, the Epstein Chronicles will have it all. Just like our other project, The Jeffrey Epstein Show, you can expect no punches pulled and consistent content. We have covered the Epstein case daily(everyday since October 1st 2019) and will continue to do so until there are convictions. With a library of well over 1k shows, you can expect a ton of content coming your way including on scene reporting from the Maxwell trial and from places like Zorro Ranch. Thank you for tuning in and I look forward to having you all along for the ride. (Created and Hosted by Bobby Capucci)