This Was The Method Of The Sinaloa Cartel To Have Immediate Access To Profits From Drug Trafficking.

Mica for cartelinsider.com

The members of the Sinaloa Cartel, as well as their collaborators and service providers, were benefited by a quick method to have immediate access to the money from the profits of drug trafficking to the United States, as if it were any regular job.

Journalist Anabel Hernández, in her book ‘The Traitor’, points out that in the neighboring country to the north, profits were transferred through exchange houses in New York, Chicago, Canada, and even Mexico, to the Monedeux financial company, owned by Juan Pablo Londoño Ramírez, who provided money to employees through prepaid Visa cards.

All you had to do was go to an ATM to withdraw cash, while the plastic was discarded, because once the balance was depleted, they could no longer be used as they were not debit cards.

“The profits from drug sales in the United States were transferred through exchange houses in New York, Chicago, Canada, and Mexico to the Monedeux financial company, owned by Juan Pablo Londoño Ramirez, who used prepaid Visa cards. This allowed the cartel and their suppliers to have quick and easy access to their earnings through ATMs,” reads the book “The Traitor” by journalist Anabel Hernández.

According to journalist Anabel Hernández, Pablo Londoño was the mastermind behind the creation of these companies that were of great use to the Sinaloa Cartel, with which they could have access to profits almost immediately.

And from 1994 to 2011, he created at least 7 companies, four of which are based in Florida, while the other three were in different parts of the world.

Pablo Londoño, a 54-year-old man, is a clever and skilled individual. From 1994 to 2011, he created at least 7 companies, four in Florida and the rest in various parts of the world. This includes Londono Enterprise Corporation, in 2004. In 2005, his wife Ximena Botero registered the company Station Network Inc under her name. The address of this company was recorded as Monedeux Financial Services North America, in Florida. This was reported by journalist Anabel Hernández.

Ismael Mario had two forms of payment towards his collaborators, one of them was through kilograms of the merchandise that he moved, which the beneficiary had to sell on their own, while the other was for the boss to market it under his name and then give them the money from the transaction, but he never paid in cash from his profits.

“When my father paid the salary directly to the ‘M1’ gunmen, he didn’t pay ‘M1’ in money, but gave him a portion of the cocaine shipments and he, ‘M1’, would sell it to clients. Generally, my father would give ‘M1’ around 50 kilos for each shipment he moved. My father used this same system to pay other people, including myself,” were the words of ‘El Vicentillo’ in his collaboration in Anabel Hernández’s book.

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Mica

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