U.S. raids unlikely to crack Mexican capo's drug empire [Reuters]
McDonald's Corporation (MCD)
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Source: Reuters
U.S. raids unlikely to crack Mexican capo's drug empire - Reuters 6 Min Read MEXICO CITY/WASHINGTON (Reuters) - A major bust by U.S. drug authorities targeting Mexico’s fastest-growing gang will likely do little to stem the rise of the ultra-violent Jalisco New Generation Cartel (CJNG) and its shadowy leader Nemesio Oseguera Cervantes, alias ‘El Mencho’. Over the past decade, Oseguera, a 53-year-old former policeman, has masterminded the CJNG’s emergence as a criminal empire spanning five continents and a rival to the Sinaloa Cartel of captured kingpin Joaquin “El Chapo” Guzman, now in a U.S. prison. From the swathes of Mexico’s western Jalisco state that he controls, Oseguera is accused of flooding U.S. streets with synthetic drugs such as methamphetamine and fentanyl, that cause tens of thousands of deaths every year. El Mencho’s success has made him a prized target, with U.S. authorities placing a $10 million bounty on his head in 2018. The U.S. Drug Enforcement Administration (DEA
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MCD
Earnings
- 2/5/24 - Beat
MCD
Sec Filings
- 4/18/24 - Form PX14A6G
- 4/9/24 - Form PX14A6G
- 4/8/24 - Form DEFA14A
- MCD's page on the SEC website