Word: abrego
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HOUSTON: Juan Garcia Abrego, once on the FBI's Most Wanted list for smuggling cocaine into the U.S., was convicted Wednesday on 22 counts of drug trafficking and money laundering. Jurors deliberated for 12 hours before finding Garcia Abrego guilty of masterminding the movement of almost 15 tons of cocaine into the United States and laundering $10.5 million. A sentence has not yet been handed down, but he is likely to face life imprisonment. Rumors are still flying about the extent to which Garcia Abrego managed to exploit a corrupt Mexican government to build a $2 billion a year drug...
...leading drug-money Laundromat in Latin America. And much of the money stays in Mexico. Aided by lax government regulation and the willingness of Mexican banks to accept suitcases full of cash without asking questions, drug barons have been able to squirrel billions of dollars into legitimate businesses; Garcia Abrego owns dozens of such businesses, including computer stores, car dealerships and meat-packing plants. The effect on the economy can be pernicious. Since businesses supplied with capital from drug dealing don't have to worry about profits, efficiency or paying interest, they can drive out legitimate enterprises...
...timing of Garcia Abrego's arrest has raised questions. On March 1, Clinton is due to grade or "certify" Mexico for its antinarcotics efforts, and Zedillo has been accused by Mexican and U.S. critics of conveniently offering up Garcia Abrego to ensure that Mexico is treated to a favorable review. Since Garcia Abrego has been losing ground for a couple of years, the theory goes, his arrest is really only a token, while more powerful drug barons are allowed to operate. Yet Zedillo does seem to be more sincere about curbing corruption and the drug trade than some...
Unfortunately, Garcia Abrego's arrest will not reduce the flow of drugs from Mexico into the U.S. for long. American agents have been told that Amado Carrillo, Mexico's No. 1 trafficker, is now sitting on 75 tons of cocaine. Regardless of Garcia Abrego's fate, that stockpile will no doubt eventually make its way to the streets of Los Angeles and New York and Chicago...
Mexican authorities arrested and promptly deported to the U.S. Juan Garcia Abrego, one of the hemisphere's top suspected drug lords. Garcia Abrego, whom the FBI had placed on its 10-most-wanted list, faces trial in Houston on charges of running one of the region's most powerful cocaine operations. Authorities say his group is notorious for both its murderousness and its capacity for dispensing bribes. The U.S. hailed the Mexican action as sign of increasing drug cooperation...