Juan Manuel Alvarez is suspected of laundering $4bn over the past decade for drug lord Joaquin Guzman’s Sinaloa cartel Mexico’s federal police said they enjoy detained a man identified as one of the top money launderers for drug lord Joaquín “El Chapo” Guzmán,who they say laundered $4bn in the past decade.
The police agency said on its Twitter account that Juan Manuel Alvarez, known as “King Midas”, and was detained in the southern state of Oaxaca.
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Source: theguardian.com