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US can’t find a single dollar of El Chapo’s billions - Mexican Attorney General...


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El Chapo, CEO

The trial is over, and Mexican drug lord Joaquín “El Chapo” Guzmán Loera faces life in prison. Now, we can take stock of just how astonishing the business operation—which prosecutors say netted him $14 billion in drug profits—really was.

The WSJ has the story, and we have the highlights.

  • HR: “The cartel established a payroll for corrupt officials who escorted drug shipments and tipped off cartel members about law-enforcement operations. The salaries for corrupt officials exceeded $1 million a month, one witness testified.”
  • Accounting: “The cartel used debit cards that could be loaded up with as much as $9,900 per card. Unlike cash, which is made of linen that can absorb drug residue and attract drug-sniffing dogs, debit cards can be easily cleaned."
  • Logistics: “Workers installed train spurs inside warehouses in cities such as Chicago and New York, where they could park the trains and sledgehammer the drugs out of the metal walls without arousing law-enforcement suspicion.”

Bottom line: El Chapo’s empire “rivaled governments and multinational companies in its power and sophistication.”

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