CONFIRMED: The DEA Struck A Deal With Mexico's Most Notorious Drug Cartel
Source: Business Insider
An investigation by El Universal has found that between the years 2000 and 2012, the U.S. government had an arrangement with Mexico's Sinaloa drug cartel that allowed the organization to smuggle billions of dollars of drugs in exchange for information on rival cartels.
Sinaloa, led by Joaquin "El Chapo" Guzman, supplies 80% of the drugs entering the Chicago area and has a presence in cities across the U.S.
There have long been allegations that Guzman, considered to be "the worlds most powerful drug trafficker," coordinates with American authorities.
But the El Universal investigation is the first to publish court documents that include corroborating testimony from a DEA agent and a Justice Department official.
Read more: http://www.businessinsider.com/the-us-government-and-the-sinaloa-cartel-2014-1#ixzz2qKWem3w8
OnyxCollie
(9,958 posts)That explains why HSBC was able to settle for laundering drug money.
HSBC Judge Approves $1.9B Drug-Money Laundering Accord
http://www.bloomberg.com/news/2013-07-02/hsbc-judge-approves-1-9b-drug-money-laundering-accord.html
HSBC Holdings Plc (HSBA)s $1.9 billion agreement with the U.S. to resolve charges it enabled Latin American drug cartels to launder billions of dollars was approved by a federal judge.
U.S. District Judge John Gleeson in Brooklyn, New York, signed off yesterday on a deferred-prosecution agreement, a critical component of the London-based banks settlement. Gleeson said in his order that he was exercising supervisory power over the deal even though the bank and government contended he didnt have authority to approve or deny it.
A pending criminal case is not window dressing Gleeson wrote, noting that the case was filed and would remain pending for five years under the agreement. By placing a criminal matter on the docket of a federal court, the parties have subjected their DPA to the legitimate exercise of the courts authority.
HSBC was accused of failing to monitor more than $670 billion in wire transfers and more than $9.4 billion in purchases of U.S. currency from HSBC Mexico, allowing for money laundering, prosecutors said. The bank also violated U.S. economic sanctions against Iran, Libya, Sudan, Burma and Cuba, according to a criminal information filed in the case.
LiberalArkie
(15,735 posts)NCcoast
(480 posts)It wasn't Nixon encouraging the Vietnamese to continue the war so he could be reelected. It wasn't Saint Ronnie asking the Iranians to keep the hostages so he could get elected, and then could sell them guns. Must have been one of those other law and order, family values, super patriots in office. I'm reaching the age where they all sort of run together into a big old tanned Brill Creamy Jabba the Hut kind of monster in my mind. Can we turn the page yet?
leftyohiolib
(5,917 posts)tayjes16
(3 posts)This has been going on since the days of Air America in Vietnam (smuggling opium/heroin out of SE Asia), the Iran-Contra scandal (cocaine out of Latin America), and the modern day collaboration with paramilitary death squads in Colombia, who control over 90% of the drug traffic and also terrorize leftist social movements and guerrillas.
Two great books on this are "Cocaine Politics: Drugs, Armies and the CIA in Central America" (Peter Dale Scott) and "Blood and Capital: The Paramilitarization of Colombia" (Jazmin Hristov) ...
Long story short, I'm glad these documents were released, but anyone who wasn't already aware that the US government regularly collaborates with drug traffickers, simply hasn't been looking ...
mrdmk
(2,943 posts)Welcome to D.U.
sorefeet
(1,241 posts)every town in America. Purposely. The drug problem in this country would not be near as bad without the help of the DEA. Highly corrupt, just like our law makers. Gotta keep those prisons full ya know. Not enough drugs to justify the DEA, then get more fucking drugs.
Capt.Rocky300
(1,005 posts)they told us local DEA agents made sure the rock stars "got only the high quality stuff". Our tax dollars at work.
Dawson Leery
(19,348 posts)The DEA is a parasite on the taxpayer.
RobertEarl
(13,685 posts)ChaChing!
Nothing to see here, keep moving.
Just remember, it's not Obama's fault. Holder is in charge of the DEA.
truedelphi
(32,324 posts)That makes it all so clear.
The big banks laundered hundreds of billions of dollars of drug cartel money.
Small slap on their wrist when caught.
Meanwhile legit drug growers in Calif cannot open a savings or checking acct with their proceeds.
warrant46
(2,205 posts)Crowman1979
(3,844 posts)You can throw other US law-enforcement/national security agencies into the mix as well.
CanonRay
(14,141 posts)as we always suspected.
Stuart G
(38,458 posts)" I don't believe that there is gambling going on in this establishment.." Oh., please give me my winnings..thanks..
on point
(2,506 posts)Comrade Grumpy
(13,184 posts)DeSwiss
(27,137 posts)Judi Lynn
(160,662 posts)Jesus Malverde
(10,274 posts)olddad56
(5,732 posts)Read Gary Webb's book Dark Alliance.
blackspade
(10,056 posts)The war on drugs was morally bankrupt from the beginning.
brett_jv
(1,245 posts)Jesus Malverde
(10,274 posts)Jesus Malverde
(10,274 posts)while raiding the dispensaries in california? This makes me so fucking mad. These aren't some hippies but blood thirsty murderers.
Never mind the tons of cocaine...
It's known most of the FF guns went to this same cartel... They have all the luck...
4Q2u2
(1,406 posts)Cops do not trust them, say they are the most corrupt and are afraid of them. That should tell anyone all they need to know about the DEA