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

HOMICIDES / 23 SEP 2021

A package bomb that killed a restaurateur and his manager underscores the escalating use of explosives – and the terror…

ELITES AND CRIME / 3 FEB 2021

A dozen police officers have been implicated in the massacre of 19 people along the US-Mexico border at the end…

FEATURED / 20 SEP 2022

Authorities in Arizona are sounding the alarm about the rising use of outsiders as drivers for human smuggling.

About InSight Crime

LA ORGANIZACIÓN

Extensive Coverage of our Chronicles of a Cartel Bodyguard

23 SEP 2022

Our recent investigation, A Cartel Bodyguard in Mexico’s 'Hot Land', has received extensive media coverage.

THE ORGANIZATION

InSight Crime, American University Host Illegal Fishing Panel

19 SEP 2022

InSight Crime and the Center for Latin American & Latino Studies (CLALS) at American University discussed the findings of a joint investigation on IUU fishing at a September 9 conference.

THE ORGANIZATION

Impact on the Media Landscape

9 SEP 2022

InSight Crime’s first investigation on the Dominican Republic made an immediate impact on the Dominican media landscape, with major news outlets republishing and reprinting our findings, including in …

THE ORGANIZATION

InSight Crime Sharpens Its Skills

2 SEP 2022

Last week, the InSight Crime team gathered for our annual retreat in Colombia, where we discussed our vision and strategy for the next 12 months.  During the week, we also learned how to…

THE ORGANIZATION

Colombia’s Fragile Path to Peace Begins to Take Shape

26 AUG 2022

InSight Crime is charting the progress of President Gustavo Petro’s agenda as he looks to revolutionize Colombia’s security policy, opening dialogue with guerrillas, reforming the military and police, and…