2025-05-23 04:40:09
Crime
Government

Former Mexican Security Minister Faces Billion-Dollar Judgment

Genaro García Luna, the former Mexican Security Minister, has been sentenced to pay over $2.4 billion to the Mexican government by a Florida court. This ruling comes after his conviction for corruption and money laundering linked to numerous public contracts. García Luna, alongside his wife Linda Cristina Pereyra, is required to pay an amount significantly higher than Mexico's initial demands. Previously, he was found guilty in the United States of cocaine trafficking and corruption involving the Sinaloa cartel.

The court determined that the couple's illicit activities included setting up companies that secured questionable government contracts, channeling public funds into offshore accounts, and using the money for luxurious purchases. The judgment reflects the gravity of their offenses during García Luna's tenure as Secretary of Public Security from 2006 to 2012.

Currently serving a 38-year prison sentence in the U.S., García Luna's case highlights the ongoing issues of corruption within Mexican politics. The substantial financial penalty aims to recover funds misappropriated during his time in office. This civil case, initiated in September 2021, further underscores the Mexican government's commitment to addressing corruption and holding former officials accountable for their actions. The outcome serves as a stark reminder of the consequences of corruption and the legal ramifications that can follow.

stern
23. Mai 2025 um 00:06

Former Mexican Security Minister Imprisoned in the USA Sentenced to Billion-Dollar Payment to Mexico

The former Mexican Security Minister Genaro García Luna and his wife Linda Cristina Pereyra were convicted of alleged corruption and money laundering in connection with dozens of public contracts. A court in Florida sentenced them to pay over $2.4 billion to Mexico. The amount is three times higher than the amount the Mexican government had originally demanded. García Luna had already been convicted in the USA of cocaine trafficking and corruption.
AFP
23. Mai 2025 um 00:06

Former Mexican Minister Imprisoned in the USA Sentenced to Billion-Dollar Payment to Mexico

The former Mexican Secretary of Public Security, Genaro García Luna, and his wife were sentenced by a US court in Florida to a payment of over $2.4 billion to the Mexican state. García Luna was found guilty of drug trafficking and corruption in connection with the Sinaloa Cartel and sentenced to over 38 years in prison in the USA. The high amount is three times as much as originally demanded by Mexico and is to come from confiscated assets and real estate of the family.
EL PAÍS
22. Mai 2025 um 20:54

A U.S. court orders García Luna and his wife to pay $2.5 billion to Mexico

Genaro García Luna and his wife Cristina Pereyra have been ordered to pay $2.5 billion to the Mexican government for a corruption and public funds embezzlement scheme, including fictitious contracts with companies such as GLAC Security Consulting (owned by García Luna), Nunvav Inc. and Nunvav Technologies (of businessmen Mauricio Samuel Weinberg López, Jonathan Alexis Weinberg Pinto and Natan Wancier Taub), and Nice Systems LTD (which allegedly paid bribes).
Yahoo News
22. Mai 2025 um 19:53

Florida court awards Mexican government massive civil judgment against former security chief

A Florida court awarded the Mexican government a massive civil judgment of over $748 million against its former security chief, Genaro García Luna, and his wife Linda Cristina Pereyra for over $1.7 billion. García Luna, who served as Mexico's secretary of public security from 2006 to 2012, was convicted in the U.S. of taking bribes from the Sinaloa cartel. He and his associates set up companies that received dubious government contracts and allegedly channeled the money to offshore accounts and..
CW

Account

Waiting list for the personalized area


Welcome!

InfoBud.news

infobud.news is an AI-driven news aggregator that simplifies global news, offering customizable feeds in all languages for tailored insights into tech, finance, politics, and more. It provides precise, relevant news updates, overcoming conventional search tool limitations. Due to the diversity of news sources, it provides precise and relevant news updates, focusing entirely on the facts without influencing opinion. Read moreExpand

Your World, Tailored News: Navigate The News Jungle With AI-Powered Precision!