Money Laundering in Mexico
In Mexico,since 2006, billions of dollars are still being laundered after open war against drug dealing was declared by former President Felipe Calderón . Mexico judges hardly ever condemned those responsible for money laundering. According to Spanish newspaper El Pais, in nine years, “over 2 310 inquiries have been conducted but only 5% resulted in a conviction of those who were involved”. As a result, 2 cases out of 10 did reach the court, despite law reforms initiated by Mexico to fight more efficiently flow of illegal funds.