U.S. demands $12.7 billion in judgment against ‘El Chapo’

Joaquin 'El Chapo' Guzman, the head of Mexico's Sinaloa Cartel, is escorted to a helicopter in Mexico City following his capture in the beach resort town of Mazatlan on Feb. 22, 2014.U.S. authorities said on Friday they were seeking a court order requiring Mexican drug lord Joaquin “El Chapo” Guzman to forfeit $12.7 billion following his conviction for racketeering and drug trafficking crimes earlier this year.

It was not immediately clear what assets, if any, the United States could seize to satisfy the judgment. A spokesman for the prosecutors declined to comment.“This is largely an academic exercise as the government has never located or identified a penny of this $12.7 billion in proceeds supposedly generated by Mr. Guzman,” said Jeffrey Lichtman, a lawyer for Guzman.

Source: Law Daily Report (lawdailyreport.net)

So Trump is nicknamed El Chapo

There's Your wall money. Since this came from our dumb citizens anyways buying their drugs, we might as well use it to curtail the flow of more drugs.

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Global turmoil sends Canadian stock sales to lowest in 16 yearsCompanies raised about $12 billion in Canadian equity and equity-linked financings in the first six months, 39 per cent less than a year ago Meanwhile records being set south of the border 4thofJuly Trudeau
Source: nationalpost - 🏆 10. / 80 Read more »

Oil prices fall on signs of slowing U.S. demand, economic concernsU.S. stockpiles fall by less than expected; signs of global slowdown raise market concerns
Source: globeandmail - 🏆 5. / 92 Read more »

Investors pulled $15.1-billion out of equity funds amid U.S.-China trade tensions: Merrill LynchLast Friday saw the fifth largest ever day of U.S. equity selling worth $15.7 billion ahead of the crucial G20 summit when U.S. and Chinese Presidents Donald Trump and Xi Jinping met to discuss the trade spat
Source: globeandmail - 🏆 5. / 92 Read more »

Asia rethinks coal’s prospects as climate change and China’s market reduces demandCoal is still used as a low-cost energy source so other national economies are being courted to fill the gap China leaves behind Common sense tells us to use Natural Gas as it has half the emissions of coal until renewables can power the grid - as the G20 recommended...but common sense is in short supply...
Source: globeandmail - 🏆 5. / 92 Read more »