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Latin Times
Latin Times
World
Héctor Ríos Morales

Jalisco Cartel Financial Operator Used Dozens of Shell Companies to Expand Criminal Empire: Report

Initials of Jalisco New Generation Cartel (CJNG) on Michoacan Wall (Credit: AFP / ENRIQUE CASTRO)

In just over a decade, the Cártel Jalisco Nueva Generación (CJNG) evolved from a regional criminal organization into the most powerful cartel in Mexico, with presence in all 32 states.

Under the leadership of Nemesio Oseguera Cervantes, also known as "El Mencho," the organization millions of dollars through ventures not related to drugs, including a network of front companies disguised as construction firms, cattle businesses, tequila brands, jewelry operations and even hotels.

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