Saturday, July 6, 2019

US demands El Chapo forfeit $12.7 billion in drug money

Prosecutors on Friday said they were seeking $12.7 billion from convicted Mexican drug kingpin Joaquin "El Chapo" Guzman, based on a conservative estimate of revenues from his cartel's drug sales in the US. Based on prices for drugs quoted by various witnesses, Guzman's 25-year reign atop the Sinaloa cartel netted sales of some $11.8 billion in cocaine, $846 million in marijuana and $11 million in heroin, authorities said.

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