San Antonio Express-News: "By all appearances, Marin “Gordo” Herrera was a prospering South Texas real estate developer immune from the economic downturn and rising foreclosure rates buffeting the nation. His companies, New Millennium Developers and Herrera Property & Investments, had acquired 77 properties in the McAllen area. He had booked at least $4 million in revenue.
But in reality, his success stemmed from the underground economy of drug trafficking that has flourished along the border but doesn’t figure in official reports on the gross domestic product or employment rates. He had bought the properties with drug money and used his companies as a shell to launder the $4 million." read more
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.
No comments:
Post a Comment