NEW YORK — Prosecutors on Friday said they were seeking $12.7 billion from convicted Mexican drug kingpin Joaquin “El Chapo” Guzman, based on a conservative estimate of revenues from his cartel’s drug sales in the United States. He was also convicted on money laundering and weapons possession charges by jurors who heard how he had beaten, shot and even buried alive those who got in his way. A former El Chapo associate said during the trial that the drug kingpin lived a lavish lifestyle in the 1990s — the height of his power — with four jets for traveling the world, a beachfront mansion in Acapulco and a private zoo on his sprawling estate in Guadalajara. It was not clear which assets Guzman still possesses following his extradition to the United States in January 2017 and which have been transferred to family and friends. Guzman is set to be sentenced on July 17, and is expected to be ordered to spend the rest of his life in prison.

Source: Philippine Daily Inquirer July 06, 2019 01:18 UTC