How Mexico drug lords spend ill-gotten gains
Nation awash in money-laundering front companies even as gangsters continue to buy obligatory "bling".
Last Modified: 16 Apr 2012 20:08

It is well known that Mexico's narcotics magnates have billions of dollars at their disposal.

Some of that money goes towards the staple "bling" - gold-plated semi-automatics, luxury accommodations and cars.

Nevertheless, an increasingly large portion of the ill-gotten gains is being used on real estate and money-laundering operations.

Al Jazeera's Adam Raney reports from Mexico City.

Al Jazeera
Topics in this article
Featured on Al Jazeera
UNHCR says hundreds of people trapped in Yaloke town risk death if they are not evacuated to safety urgently.
'Justice for All' demonstrations swell across the US over the deaths of African Americans in police encounters.
Six former Guantanamo detainees are now free in Uruguay with some hailing the decision to grant them asylum.
Disproportionately high number of Aboriginal people in prison highlights inequality and marginalisation, critics say.
Long-standing dispute over Christian use of the word 'Allah' raises concerns about a very un-Merry Christmas.
The threat posed by ISIL has prompted thousands of young Kurds to join the PKK.
Baja California - with its own grim history of disappeared people - finds a voice in the fight against violence.
Russian feminist rockers fight system holding 700,000 - the world's largest per capita prison population after the US.
Weeks of growing protests against Muslims continue in Dresden with 15,000 hitting the streets last Monday.