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Guatemala detains 21 in money laundering case

December 4, 2013

GUATEMALA CITY (AP) — Guatemalan authorities say they have detained 21 people who allegedly laundered money for Mexico’s Sinaloa drug cartel led by Joaquin “El Chapo” Guzman.

Interior Secretary Mauricio Lopez says the 16 men and five women laundered about $46 million through an agricultural company.

Attorney General Claudia Paz y Paz said Tuesday that the bulk of the money was sent from Guatemala to Mexico.

She says the investigation began when the national banking system reported suspicious deposits and money transfers by the company Comercializadora de Frutas y Verduras Internacional SA to Aguacates y Frutas Tecario SA de CV, a company in Mexico.

The Sinaloa cartel is Mexico’s most powerful drug organization.