NEW YORK (Reuters) – U.S. authorities stated on Friday they have been searching for a court docket order requiring Mexican drug lord Joaquin “El Chapo” Guzman to forfeit $12.7 billion following his conviction for racketeering and drug trafficking crimes earlier this yr.
FILE PHOTO: Mexico’s high drug lord Joaquin “El Chapo” Guzman is escorted as he arrives at Lengthy Island MacArthur airport in New York, U.S., January 19, 2017, after his extradition from Mexico. U.S. officers/Handout by way of REUTERS
The sum represents the overall quantity of cocaine, marijuana and heroin jury discovered Guzman to have trafficked, multiplied by the typical costs of these medication, in accordance with a submitting by prosecutors in Brooklyn federal court docket.
It was not instantly clear what belongings, if any, america might seize to fulfill the judgment. A spokesman for the prosecutors declined to remark.
“That is largely an educational train as the federal government has by no means positioned or recognized a penny of this $12.7 billion in proceeds supposedly generated by Mr. Guzman,” stated Jeffrey Lichtman, a lawyer for Guzman.
Guzman, 62, was convicted on Feb. 12 on all 10 counts he confronted, after jurors heard proof from greater than 50 prosecution witnesses, providing an unprecedented take a look at the inside workings of his Sinaloa Cartel. He faces life in jail at his scheduled July 17 sentencing.
On Wednesday, U.S. District Choose Brian Cogan denied his movement to put aside the decision and maintain a brand new trial. Guzman’s attorneys had argued new trial was wanted after Vice Information revealed an interview with one of many jurors, who stated that the jury disobeyed court docket orders throughout the case.
Guzman made a reputation for himself within the 1980s by constructing cross-border tunnels that allowed him to maneuver cocaine from Mexico into america quicker than anybody else. He spent a lot of his profession on the run, transferring from one hideout to a different within the mountains of Sinaloa, guarded by a personal military, and twice escaped from maximum-security Mexican prisons.
He was lastly captured in January 2016 and extradited to america to face trial.
Regardless of Guzman’s arrest, the Sinaloa Cartel nonetheless has the most important U.S. distribution presence of Mexican cartels, adopted by the fast-growing Jalisco New Era Cartel, in accordance with the U.S. Drug Enforcement Administration.
Collectively, they’re the most important producers of medication bought on U.S. streets.
Reporting by Brendan Pierson, Modifying by Rosalba O’Brien