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The narcos' booty migrates too

More than 850 Mexican drug traffickers have been extradited to the United States. But then, when the work seems to be done, Mexico realizes that in just a few cases it investigated enough to seize the finances of the mafias. Now a new chapter threatens to sour the binational fight against drug trafficking: the claim the United States has made of the fortunes of the capos.

8/10/2017 2:51:46 PM

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Part three | After the extradition of El Chapo Guzman, the United States Government announced that it would go after his fortune, calculated around $21.6 billion, as a result of drug sales for more than two decades. The announcement foresees a difficult picture for the Mexican State.

In addition to confiscating minimal amounts from the main drug traffickers' fortunes, and be compelled to compensate third parties for errors in these processes - as it has been demonstrated in this series of reports, drawn from more than 200 official documents obtained by information requests -, Mexico now faces an even worse consequence of its mess in the confiscations of organized crime assets: despite being the territory where those gangs traffic, kill and do business, Mexico can be left completely empty-handed. Of the fortune of El Chapo -which represents a quarter of the estate of Bill Gates, considered the richest this year in the world by the Forbes magazine- for example, Mexico may get nothing.

The situation has warned Mexican lawmakers, who are demanding that the government stop their extradition of drug traffickers to the United States if there is no negotiation in the return of their assets insured by the US administration. The losses for the Mexican state would be substantial.