The seizures amount to about .25 % of the cash income of the cartels. From 'InSight Crime'
Mexico: $500M Seized from Organized Crime: "Mexico's government has said that a total of $502 million in cash has been seized from organized criminal groups during the Calderon administration.
The announcement follows a report some days previously that the Secretariat of Public Security (SSP) had seized $266 million from organized crime in this period. The new figure, almost twice as high, seems to include cash seized by the army and navy as well as by the police. ...
While the figures may sound impressive, as InSight Crime has previously reported, they represent only a small fraction of the $39 billion in illicit cash which is thought to enter Mexico annually from the drug trade"
The MexicoBlog of the Americas Program, a fiscally sponsored program of the Center for Economic and Policy Research (CEPR), is written by Laura Carlsen. I monitor and analyze international press on Mexico, with a focus on security, immigration, human rights and social movements for peace and justice, from a feminist perspective. And sometimes I simply muse.
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