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IPFS News Link • Gold and Silver

Mexico Cartels Stealing Gold to Launder Drug Money

• www.insightcrime.org
The fact that the Mexican groups have elected to steal the gold outright, rather than purchasing it from legitimate jewelry sellers as the Colombian cartels used to, is one sign of the boldness of the Mexican criminal syndicates. It could also be that stealing gold shipments is viewed as easier and more convenient than going through the hassle of building a relationship with a supplier, which could explain why some Mexican groups have elected to use theft as their primary means of obtaining gold. 

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