Posts Tagged ‘cartels’

Private Investor Improves Basic Infrastructure in Mexico

July 14, 2015

Private Investor Improves Basic Infrastructure in Mexico
Wealthy private investor Joaquin Guzmán has bankrolled a new tunnel in the Santa Juana neighborhood of Almoloya de Juárez, Mexico, 16 miles from Toluca. The tunnel, 5 1/2 feet in diameter, stretches about a mile from the Centro Federal de Readaptación Social No. 1 “Altiplano,” a government facility, to an unfinished house surrounded by cornfields, perhaps slated for future development. It is estimated that the sophisticated underground structure cost $5 million to complete.

More information:

“Mexico drug lord Guzman’s escape tunnel is a minor engineering masterpiece,” Tracy Wilkinson, Los Angeles Times

“How Mexico’s Most-Wanted Drug Lord Escaped From Prison (Again),” Larry Buchanan, Josh Keller, and Derek Watkins, New York Times

“Undermining Mexico: How ‘El Chapo’ built a criminal empire — and escaped prison — by digging deep.” Nick Miroff, Washington Post

“How a Mexican drug kingpin’s daring prison escape made him a hip-hop icon & an outlaw hero,” Matthew Pulver, Salon

Update:

“Underworld: How the Sinaloa drug cartel digs its tunnels,” Monte Reel, The New Yorker

(more…)

Germany: Wurst Crime Ever

July 20, 2014

Germany: Wurst Crime Ever

Germany’s anti-trust agency (Bundeskartellamt) has fined 21 sausage manufacturers and 33 individuals $460 million for illegal price-fixing over two decades.  Gott im Himmel!

The ring is alleged to have met in Hamburg’s luxurious Hotel Atlantic. Wonder what they ate?

Sausages are central to the German identity, second only to beer. In related German crime news, thieves in the city of Krefeld broke into a warehouse and stole 300,000 liters (80,000 gallons) of beer. Ten truckloads. Worth $3 million. Right before Germany’s big World Cup celebration party.

More:

“German sausage makers in meaty fine over price-fixing,” BBC News

“Bundeskartellamt imposes fines on sausage manufacturers,” press release

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Image by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com

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