HomeNewsBriefMexico Seizes $15M Cash from Sinaloa Cartel
BRIEF

Mexico Seizes $15M Cash from Sinaloa Cartel

MEXICO / 23 NOV 2011 BY GEOFFREY RAMSEY EN

Mexican officials seized more than $15 million in cash in the border city of Tijuana, which they believe to be property of the Sinaloa Cartel.

The Mexican Defense Department (SEDENA) claimed·that the find of $15.3 million is the second largest seizure of funds to occur during President Felipe Calderon’s administration. The first occurred in September 2008, when officials found $26.2 million in Culiacan, Sinaloa.

SEDENA spokesperson General Ricardo Trevilla provided few details about the operation, only saying that the money had been left inside a vehicle in downtown Tijuana, along with two handguns, two rifles, and three kilograms of cocaine. The military reportedly received a tip that the money was on its way to a Tijuana house which Trevilla described as a "center of financial operations" for the Sinaloa Cartel. The exact location of the house is unclear, although the AP·reports that locals noticed a large federal police presence outside of a property in an upscale Tijuana neighborhood on Tuesday.

Perhaps the biggest mystery of the case, however, is why no arrests were made at the scene. It is unlikely that a vehicle transporting such a large fortune would be left unattended, especially given that it was found via an anonymous tip.

share icon icon icon

Was this content helpful?

We want to sustain Latin America’s largest organized crime database, but in order to do so, we need resources.

DONATE

What are your thoughts? Click here to send InSight Crime your comments.

We encourage readers to copy and distribute our work for non-commercial purposes, with attribution to InSight Crime in the byline and links to the original at both the top and bottom of the article. Check the Creative Commons website for more details of how to share our work, and please send us an email if you use an article.

Was this content helpful?

We want to sustain Latin America’s largest organized crime database, but in order to do so, we need resources.

DONATE

Related Content

MEXICO / 15 OCT 2019

A new report examines the factors that enable indigenous resistance to organized crime in Mexico -- an interesting framework for…

BOLIVIA / 5 SEP 2011

Bolivia government denounced an investigation linking Joaquin Guzman, alias 'El Chapo,' to high ranking Bolivian officials as a smear campaign.

KIDNAPPING / 21 DEC 2010

InSight Crime brings you part of statement issued Sunday by the Network for Global Transformation, a clandestine group that claimed…

About InSight Crime

THE ORGANIZATION

Venezuela's Cocaine Revolution Met With Uproar

6 MAY 2022

On May 4, InSight Crime launched its latest investigation, Venezuela’s Cocaine Revolution¸ accompanied by a virtual panel on its findings. The takeaways from this three-year effort, including the fact that Venezuela…

THE ORGANIZATION

Venezuela Drug Trafficking Investigation and InDepth Gender Coverage

29 APR 2022

On May 4, InSight Crime will be publishing The Cocaine Revolution in Venezuela, a groundbreaking investigation into how the Venezuelan government regulates the cocaine trade in the country. An accompanying event,…

THE ORGANIZATION

InDepth Coverage of Juan Orlando Hernández

22 APR 2022

Ever since Juan Orlando Hernández was elected president of Honduras in 2014, InSight Crime has provided coverage of every twist and turn during his rollercoaster time in office, amid growing…

THE ORGANIZATION

Venezuela's Cocaine Revolution

15 APR 2022

On May 4th, InSight Crime will publish a groundbreaking investigation on drug trafficking in Venezuela. A product of three years of field research across the country, the study uncovers cocaine production in…

LA ORGANIZACIÓN

Widespread Coverage of InSight Crime MS13 Investigation

8 APR 2022

In a joint investigation with La Prensa Gráfica, InSight Crime recently revealed that four of the MS13’s foremost leaders had been quietly released from…