A Colombian loan shark network is operating in more than three quarters of Mexico’s states marking its growing presence throughout Latin America, Mexico’s national newspaper, Milenio reported Thursday. The report obtained by Milenio states that Mexican authorities found a Colombian loan shark network of over 1,800 foreigners dispersed throughout Latin America. A loan shark is a moneylender […]

HSBC has been sued by the families of U.S. citizens murdered by drug gangs in Mexico, claiming the bank let cartels launder billions of dollars to operate their business. The lawsuit alleges that by participating in the money laundering scheme of the cartels, HSBC knowingly contributed directly to the international drug and trafficking trade, including […]

As the violence spread, billions of dollars of cartel cash began to seep into the global financial system. But a special investigation by the Observer reveals how the increasingly frantic warnings of one London whistle-blower were ignored – The Observer, Sunday 3 April 2011 Martin Woods, a Liverpudlian in his mid-40s, joined the London office […]