Wednesday, January 18, 2012

Mexican Army Arrests Reputed Cartel Money Manager

Army troops captured a man thought to handle the Sinaloa drug cartel’s financial operations in the states of Baja California and Jalisco, the Mexican military said.

Jose Sanchez Villalobos was apprehended Sunday in a suburb of Guadalajara, Jalisco’s capital, the 15th Military Zone said in a statement.

Sanchez is wanted in the United States on charges of distributing cocaine, according to the statement.

Sunday’s arrest stemmed from the Nov. 18 seizure of $15.3 million in cash in the border metropolis of Tijuana, the military said, adding that the money trail led to Sanchez, who adopted an alias in an ultimately fruitless effort to evade police.

Sanchez was handed over to the organized-crime division of the Mexican Attorney General’s Office, the statement said.

The Sinaloa cartel is Mexico’s strongest drug mob and its fugitive leader, Joaquin “el Chapo” Guzman, appears on Forbes magazine’s list of the richest people in the world.

Source: EFE