Court Docs: Feds Look to Seize El Chapo’s $12.6 Billion

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Federal prosecutors in the Southern District of New York are seeking to seize $12,666,191,704 in assets, cash, and property that they claim famed kingpin “El Chapo” accumulated during his criminal career.

In a letter filed by the U.S. Attorney’s Office for the Southern District of New York, prosecutors are moving to seize $12.6 billion from convicted kingpin Joaquin “El Chapo” Guzman. A federal court convicted the former Sinaloa Cartel leader during a lengthy trial in February on multiple charges related to his role as the supreme leader of the Sinaloa Cartel. Currently, the drug lord awaits his sentencing hearing later this month where he faces a life sentence.

As Breitbart News reported, during El Chapo’s trial, witnesses revealed that the drug lord had bribed top Mexican officials including military generals and allegedly paid $100 million to former president Enrique Pena Nieto. Testimony also pointed to El Chapo having sent money to current Mexican President Andres Manuel Lopez Obrador (AMLO) for his unsuccessful 2006 presidential bid.

The amount that prosecutors look to seize is based on a calculation from the quantities of drugs that the Sinaloa Cartel smuggled as per witness testimony. According to court records, witnesses revealed that the cartel had smuggled 528,276 kilograms of cocaine worth $11.8 billion, 423,000 kilograms of marijuana worth $846 million, and 202 kilograms of heroin worth $11 million. – READ MORE

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