How Mexico drug lords spend ill-gotten gains

Nation awash in money-laundering front companies even as gangsters continue to buy obligatory "bling".



    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.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Why Jerusalem is not the capital of Israel

    Why Jerusalem is not the capital of Israel

    No country in the world recognises Jerusalem as Israel's capital.

    Strong quotes for Martin Luther King Jr Day

    Quotes from Martin Luther King Jr that resonate today

    Quotes of justice, education, religion and race said by MLK Jr.

    Forced at 15: The young brides of Niger

    Forced at 15: The young brides of Niger

    How young girls in the West African country are fighting back against child marriage.